Target Price Playground
GLW
$171.24
๐ข
GLW IV: 15.2% โ LOW
(-83.3% vs 30d avg of 91.3%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $185 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, sell OTM call for income. Caps upside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $171.24 ยท ฮ 1.00
SHORT CALL ยท $185 ยท Jun '26
Qty 1 ยท Premium $16.12 ยท ฮ 0.41
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If GLW hits $185 by Jun 19: the covered call returns +$2,988 (19.3%) on $15,512 risked, vs +$1,376 (8.0%) for 100 shares on $17,124. Options give 2.4ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if GLW is at $185. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if GLW hits $185 by Jun 19
+$2,988
+19.3% on $15,512 risked
Max Profit
+$2,988
If the stock โฅ $185 at expiry
Max Loss
โ$15,512
If stock โ $0 (minus premium received)
Break-even
$155.12
-9.41% from spot
Prob. of Target Hit
24%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
59.21 / 11.44 / -30.19
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
| GLW Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $137 (-20%) | -$1,813 | -$1,813 | -$1,813 | -$1,813 |
| $146 (-15%) | -$957 | -$957 | -$957 | -$957 |
| $154 (-10%) | -$102 | -$100 | -$100 | -$100 |
| $163 (-5%) | +$737 | +$751 | +$756 | +$756 |
| $168 (-2%) | +$1,215 | +$1,249 | +$1,268 | +$1,270 |
| $171 (0%) โ spot | +$1,512 | +$1,564 | +$1,603 | +$1,612 |
| $175 (+2%) | +$1,783 | +$1,857 | +$1,925 | +$1,954 |
| $180 (+5%) | +$2,133 | +$2,235 | +$2,352 | +$2,468 |
| $185 (+8%) โ target | +$2,404 | +$2,521 | +$2,665 | +$2,988 |
| $188 (+10%) | +$2,534 | +$2,651 | +$2,791 | +$2,988 |
| $197 (+15%) | +$2,733 | +$2,827 | +$2,919 | +$2,988 |
| $205 (+20%) | +$2,808 | +$2,875 | +$2,935 | +$2,988 |
Uses GLW's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.