Target Price Playground
GTLB
$20.18
๐ข
GTLB IV: 66.9% โ LOW
(-41.6% vs 30d avg of 114.6%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $22 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
@ $20.18 ยท ฮ 1.00
SHORT CALL ยท $22 ยท Jun '26
Qty 1 ยท Premium $1.9 ยท ฮ 0.46
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If GTLB hits $22 by Jun 19: the covered call returns +$373 (20.4%) on $1,827 risked, vs +$183 (9.0%) for 100 shares on $2,018. Options give 2.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if GTLB is at $22. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if GTLB hits $22 by Jun 19
+$373
+20.4% on $1,827 risked
Max Profit
+$373
If the stock โฅ $22 at expiry
Max Loss
โ$1,827
If stock โ $0 (minus premium received)
Break-even
$18.27
-9.44% from spot
Prob. of Target Hit
78%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
53.51 / 1.99 / -3.43
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
| GTLB Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $16 (-20%) | -$268 | -$243 | -$221 | -$214 |
| $17 (-15%) | -$192 | -$160 | -$129 | -$113 |
| $18 (-10%) | -$122 | -$84 | -$42 | -$12 |
| $19 (-5%) | -$58 | -$15 | +$37 | +$89 |
| $20 (-2%) | -$23 | +$24 | +$80 | +$150 |
| $20 (0%) โ spot | -$1 | +$47 | +$106 | +$190 |
| $21 (+2%) | +$20 | +$69 | +$131 | +$230 |
| $21 (+5%) | +$50 | +$101 | +$166 | +$291 |
| $22 (+9%) โ target | +$87 | +$139 | +$206 | +$372 |
| $23 (+15%) | +$134 | +$187 | +$255 | +$372 |
| $24 (+20%) | +$168 | +$221 | +$285 | +$372 |
Uses GTLB's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.