Target Price Playground
HON
$235.04
๐ข
HON IV: 13.1% โ LOW
(-76.5% vs 30d avg of 55.8%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $205 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
Moderately bearish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $235 ยท Jun '26
Qty 1 ยท Premium $3.57 ยท ฮ -0.42
SHORT PUT ยท $215 ยท Jun '26
Qty 1 ยท Premium $0.08 ยท ฮ -0.02
P&L at Expiry
Stock (100 sh)
Bear Put Spread
Now
Target
๐ก Stock vs Options at Target
If HON hits $205 by Jun 19: the bear put spread returns +$1,652 (474.5%) on $348 risked, vs $-3,004 (-12.8%) for 100 shares on $23,504. Options give 37.1ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if HON is at $205. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if HON hits $205 by Jun 19
+$1,652
+474.5% on $348 risked
Max Profit
+$1,652
If the stock โค $215 at expiry
Max Loss
โ$348
Net debit
Break-even
$231.52
-1.5% from spot
Prob. of Target Hit
1%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-40.08 / -1.68 / 34.49
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
| HON Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $188 (-20%) | +$1,633 | +$1,640 | +$1,645 | +$1,651 |
| $200 (-15%) | +$1,595 | +$1,626 | +$1,644 | +$1,651 |
| $205 (-13%) โ target | +$1,519 | +$1,580 | +$1,631 | +$1,651 |
| $212 (-10%) | +$1,315 | +$1,409 | +$1,522 | +$1,651 |
| $223 (-5%) | +$646 | +$688 | +$746 | +$822 |
| $230 (-2%) | +$220 | +$198 | +$158 | +$117 |
| $235 (0%) โ spot | -$1 | -$47 | -$119 | -$349 |
| $240 (+2%) | -$156 | -$204 | -$270 | -$349 |
| $247 (+5%) | -$284 | -$313 | -$340 | -$349 |
| $259 (+10%) | -$343 | -$347 | -$349 | -$349 |
| $270 (+15%) | -$349 | -$349 | -$349 | -$349 |
| $282 (+20%) | -$349 | -$349 | -$349 | -$349 |
Uses HON's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.