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 $86 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
Bullish. Unlimited upside, capped loss = premium 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
P&L at Expiry
Stock (100 sh)
Long Call
Now
Target
๐ก Stock vs Options at Target
If FTNT hits $86 by Jun 19: the long call returns +$303 (50.9%) on $597 risked, vs +$930 (12.1%) for 100 shares on $7,670. Options give 4.2ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if FTNT is at $86. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if FTNT hits $86 by Jun 19
+$303
+50.9% on $597 risked
Max Profit
Unlimited
Unlimited upside
Max Loss
โ$597
Premium paid
Break-even
$82.97
+8.17% from spot
Prob. of Target Hit
52%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
54.7 / -4.76 / 13.02
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%) | -$517 | -$560 | -$591 | -$597 |
| $65 (-15%) | -$445 | -$511 | -$572 | -$597 |
| $69 (-10%) | -$338 | -$426 | -$524 | -$597 |
| $73 (-5%) | -$190 | -$295 | -$425 | -$597 |
| $75 (-2%) | -$81 | -$193 | -$334 | -$597 |
| $77 (0%) โ spot | -$0 | -$115 | -$260 | -$597 |
| $78 (+2%) | +$86 | -$29 | -$175 | -$474 |
| $81 (+5%) | +$229 | +$115 | -$28 | -$243 |
| $84 (+10%) | +$493 | +$386 | +$261 | +$140 |
| $86 (+12%) โ target | +$615 | +$513 | +$398 | +$303 |
| $88 (+15%) | +$788 | +$692 | +$592 | +$523 |
| $92 (+20%) | +$1,107 | +$1,026 | +$949 | +$907 |
Uses FTNT's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.