Target Price Playground
FTNT
$76.70
๐ข
FTNT IV: 42.0% โ LOW
(-36.1% vs 30d avg of 65.7%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $84 by Jun 19
Historical Backtest
Coming soon
Signal Backtest
Coming soon
๐ Strategy
Long Stock
Long Call
Long Put
Bull Call Spread
Bear Put Spread
Covered Call
Protective Put
Cash-Secured Put
Diagonal Put Spread
Long Straddle
Own stock + buy put as insurance against downside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $76.7 ยท ฮ 1.00
LONG PUT ยท $73 ยท Jun '26
Qty 1 ยท Premium $3.75 ยท ฮ -0.35
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If FTNT hits $84 by Jun 19: the protective put returns +$355 (4.4%) on $8,045 risked, vs +$730 (9.5%) for 100 shares on $7,670. Options give 0.5ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if FTNT is at $84. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if FTNT hits $84 by Jun 19
+$355
+4.4% on $8,045 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$745
Put floors you at $73
Break-even
$80.45
+4.89% from spot
Prob. of Target Hit
62%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
65.49 / -3.64 / 12.11
per spread, per $1 move / day / vol pt
๐ Notes for each mode (not shown on real page)
Forward Projection
Reprices legs at (target_price, target_date) via Black-Scholes. Works on existing BS service. Simplest mode โ ship first.
Reprices legs at (target_price, target_date) via Black-Scholes. Works on existing BS service. Simplest mode โ ship first.
Historical Backtest
Uses our historical options chains to replay this exact strategy over past expirations. Needs: date picker, "rolling every N days", cumulative P&L chart.
Uses our historical options chains to replay this exact strategy over past expirations. Needs: date picker, "rolling every N days", cumulative P&L chart.
Signal Backtest
"Run this strategy on every BUY-rated stock with score โฅ 80 for last 90d." Reuses score_backtest pipeline + strategy overlay.
"Run this strategy on every BUY-rated stock with score โฅ 80 for last 90d." Reuses score_backtest pipeline + strategy overlay.
Solve for Return
Inverse: user says "+50% in 90d", system solves for required price move, shows IV-implied probability. Pure math.
Inverse: user says "+50% in 90d", system solves for required price move, shows IV-implied probability. Pure math.
๐ P&L Scenarios โ what happens at different prices and dates
| FTNT Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $61 (-20%) | -$671 | -$711 | -$745 | -$745 |
| $65 (-15%) | -$567 | -$630 | -$700 | -$745 |
| $69 (-10%) | -$421 | -$501 | -$604 | -$745 |
| $73 (-5%) | -$232 | -$320 | -$439 | -$745 |
| $75 (-2%) | -$97 | -$186 | -$305 | -$528 |
| $77 (0%) โ spot | +$0 | -$88 | -$202 | -$375 |
| $78 (+2%) | +$103 | +$17 | -$91 | -$222 |
| $81 (+5%) | +$269 | +$189 | +$93 | +$9 |
| $84 (+10%) โ target | +$539 | +$469 | +$396 | +$355 |
| $88 (+15%) | +$892 | +$838 | +$790 | +$775 |
| $92 (+20%) | +$1,235 | +$1,194 | +$1,165 | +$1,159 |
Uses FTNT's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.