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 $245 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
Sell OTM put for premium; get assigned if price drops.
๐ฏ Target
67d from today
โ๏ธ Legs
SHORT PUT ยท $215 ยท Jun '26
Qty 1 ยท Premium $0.08 ยท ฮ -0.02
P&L at Expiry
Stock (100 sh)
Cash-Secured Put
Now
Target
๐ก Stock vs Options at Target
If HON hits $245 by Jun 19: the cash-secured put returns +$8 (0.0%) on $-8 credit (max loss $21,492), vs +$996 (4.2%) for 100 shares on $23,504.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if HON is at $245. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if HON hits $245 by Jun 19
+$8
+0.0% on $21,492 max loss
Max Profit
+$8
If the stock โฅ $215 at expiry
Max Loss
โ$21,492
If stock โ $0 after assignment
Break-even
$215.52
-8.31% from spot
Prob. of Target Hit
38%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
2.01 / 0.35 / -4.89
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%) | -$2,513 | -$2,570 | -$2,628 | -$2,689 |
| $200 (-15%) | -$1,377 | -$1,409 | -$1,454 | -$1,514 |
| $212 (-10%) | -$489 | -$452 | -$400 | -$338 |
| $223 (-5%) | -$86 | -$51 | -$12 | +$8 |
| $230 (-2%) | -$16 | -$2 | +$7 | +$8 |
| $235 (0%) โ spot | -$0 | +$6 | +$8 | +$8 |
| $240 (+2%) | +$5 | +$8 | +$8 | +$8 |
| $245 (+4%) โ target | +$7 | +$8 | +$8 | +$8 |
| $259 (+10%) | +$8 | +$8 | +$8 | +$8 |
| $270 (+15%) | +$8 | +$8 | +$8 | +$8 |
| $282 (+20%) | +$8 | +$8 | +$8 | +$8 |
Uses HON's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.