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 $88 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
Bet on big move in either direction. Two premiums paid.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $77 ยท Jun '26
Qty 1 ยท Premium $5.97 ยท ฮ 0.55
LONG PUT ยท $77 ยท Jun '26
Qty 1 ยท Premium $5.63 ยท ฮ -0.45
P&L at Expiry
Stock (100 sh)
Long Straddle
Now
Target
๐ก Stock vs Options at Target
If FTNT hits $88 by Jun 19: the long straddle returns $-60 (-5.1%) on $1,160 risked, vs +$1,130 (14.7%) for 100 shares on $7,670. Options give 0.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if FTNT is at $88. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if FTNT hits $88 by Jun 19
$-60
-5.1% on $1,160 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$1,160
Both premiums paid
Break-even
$65.40
-14.73% from spot
Prob. of Target Hit
44%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
9.39 / -8.57 / 26.04
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%) | +$502 | +$436 | +$395 | +$404 |
| $65 (-15%) | +$261 | +$150 | +$48 | +$20 |
| $69 (-10%) | +$93 | -$63 | -$238 | -$363 |
| $73 (-5%) | +$5 | -$185 | -$423 | -$746 |
| $75 (-2%) | -$8 | -$211 | -$473 | -$977 |
| $77 (0%) โ spot | -$0 | -$208 | -$478 | -$1,130 |
| $78 (+2%) | +$20 | -$190 | -$462 | -$1,037 |
| $81 (+5%) | +$75 | -$134 | -$398 | -$806 |
| $84 (+10%) | +$220 | +$26 | -$203 | -$423 |
| $88 (+15%) โ target | +$414 | +$243 | +$59 | -$60 |
| $92 (+20%) | +$682 | +$539 | +$407 | +$344 |
Uses FTNT's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.