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 $265 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 bullish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $235 ยท Jun '26
Qty 1 ยท Premium $5.54 ยท ฮ 0.58
SHORT CALL ยท $255 ยท Jun '26
Qty 1 ยท Premium $0.32 ยท ฮ 0.07
P&L at Expiry
Stock (100 sh)
Bull Call Spread
Now
Target
๐ก Stock vs Options at Target
If HON hits $265 by Jun 19: the bull call spread returns +$1,478 (283.5%) on $522 risked, vs +$2,996 (12.7%) for 100 shares on $23,504. Options give 22.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if HON is at $265. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if HON hits $265 by Jun 19
+$1,478
+283.5% on $522 risked
Max Profit
+$1,478
If the stock โฅ $255 at expiry
Max Loss
โ$522
Net debit
Break-even
$240.22
+2.2% from spot
Prob. of Target Hit
1%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
51.25 / -3.63 / 26.37
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%) | -$522 | -$522 | -$522 | -$522 |
| $200 (-15%) | -$522 | -$522 | -$522 | -$522 |
| $212 (-10%) | -$513 | -$520 | -$522 | -$522 |
| $223 (-5%) | -$412 | -$467 | -$511 | -$522 |
| $230 (-2%) | -$213 | -$304 | -$414 | -$522 |
| $235 (0%) โ spot | -$0 | -$93 | -$222 | -$518 |
| $240 (+2%) | +$261 | +$194 | +$93 | -$48 |
| $247 (+5%) | +$682 | +$680 | +$680 | +$657 |
| $259 (+10%) | +$1,209 | +$1,266 | +$1,349 | +$1,478 |
| $265 (+13%) โ target | +$1,354 | +$1,400 | +$1,449 | +$1,478 |
| $270 (+15%) | +$1,414 | +$1,444 | +$1,468 | +$1,478 |
| $282 (+20%) | +$1,456 | +$1,466 | +$1,472 | +$1,478 |
Uses HON's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.