Target Price Playground

Templates Custom Builder
GWRE
$117.95
๐ŸŸข
GWRE IV: 57.1% โ€” LOW (-19.3% vs 30d avg of 70.7%)
Options are cheap vs 30d avg โ€” good time to BUY options (long calls/puts, debit spreads).
Forward Projection If price hits $105 by Jun 19
Historical Backtest Coming soon
Signal Backtest Coming soon

๐Ÿ“‹ Strategy

Moderately bearish. Debit, capped max profit + loss.

๐ŸŽฏ Target

67d from today

โš™๏ธ Legs

LONG PUT ยท $120 ยท Jun '26
Qty 1 ยท Premium $12.88 ยท ฮ” -0.46
SHORT PUT ยท $110 ยท Jun '26
Qty 1 ยท Premium $7.92 ยท ฮ” -0.33
P&L at Expiry Now $118 Target $105 $83 $118 $153
Stock (100 sh) Bear Put Spread Now Target
๐Ÿ’ก Stock vs Options at Target

If GWRE hits $105 by Jun 19: the bear put spread returns +$504 (101.4%) on $496 risked, vs $-1,295 (-11.0%) for 100 shares on $11,795. Options give 9.2ร— capital efficiency.

๐Ÿ“… Expiry

Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if GWRE is at $105. Use the 30d / 60d / 90d / 180d pills to compare different expiries.

๐Ÿ“Š Projected Return

P&L if GWRE hits $105 by Jun 19
+$504
+101.4% on $496 risked
Max Profit
+$504
If the stock โ‰ค $110 at expiry
Max Loss
โˆ’$496
Net debit
Break-even
$115.04
-2.47% from spot
Prob. of Target Hit
68%
IV-implied, 67d (rough)
Net ฮ” / ฮ˜ / V
-12.75 / -0.52 / 1.68
per spread, per $1 move / day / vol pt
๐Ÿ’พ Log in to save ๐Ÿ“Š My Saved Strategies

๐Ÿ“‹ 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.
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.
Signal Backtest
"Run this strategy on every BUY-rated stock with score โ‰ฅ 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.

๐Ÿ“Š P&L Scenarios โ€” what happens at different prices and dates

GWRE Price Today May 5 May 27 Jun 19 (exp)
$94 (-20%) +$300 +$339 +$409 +$504
$100 (-15%) +$230 +$262 +$327 +$504
$105 (-11%) โ† target +$170 +$192 +$241 +$504
$112 (-5%) +$77 +$80 +$90 +$299
$116 (-2%) +$31 +$23 +$12 -$55
$118 (0%) โ† spot +$0 -$14 -$40 -$291
$120 (+2%) -$29 -$50 -$90 -$496
$124 (+5%) -$72 -$102 -$160 -$496
$130 (+10%) -$140 -$182 -$261 -$496
$136 (+15%) -$200 -$250 -$339 -$496
$142 (+20%) -$253 -$308 -$396 -$496
Uses GWRE's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.