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 $225 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
Buy a longer-dated put, sell a shorter-dated OTM put. Profits from time decay + a moderate drop.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $235 ยท Jul '26
Qty 1 ยท Premium $4.06 ยท ฮ -0.41
SHORT PUT ยท $225 ยท Jun '26
Qty 1 ยท Premium $0.78 ยท ฮ -0.13
P&L at Expiry
Stock (100 sh)
Diagonal Put Spread
Now
Target
๐ก Stock vs Options at Target
If HON hits $225 by Jun 19: the diagonal put spread returns +$625 (191.0%) on $327 risked, vs $-1,004 (-4.3%) for 100 shares on $23,504. Options give 44.4ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if HON is at $225. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if HON hits $225 by Jun 19
+$625
+191.0% on $327 risked
Max Profit
+$620
If the stock price is favorable
Max Loss
โ$327
Worst-case within chart range
Break-even
$233.48
-0.66% from spot
Prob. of Target Hit
37%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-27.2 / -0.09 / 24.71
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%) | +$583 | +$586 | +$588 | +$591 |
| $200 (-15%) | +$581 | +$586 | +$588 | +$591 |
| $212 (-10%) | +$541 | +$568 | +$587 | +$591 |
| $225 (-4%) โ target | +$292 | +$335 | +$402 | +$624 |
| $230 (-2%) | +$135 | +$154 | +$179 | +$192 |
| $235 (0%) โ spot | -$1 | -$5 | -$21 | -$78 |
| $240 (+2%) | -$116 | -$136 | -$170 | -$232 |
| $247 (+5%) | -$234 | -$256 | -$284 | -$314 |
| $259 (+10%) | -$312 | -$320 | -$325 | -$328 |
| $270 (+15%) | -$326 | -$327 | -$328 | -$328 |
| $282 (+20%) | -$328 | -$328 | -$328 | -$328 |
Uses HON's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.