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
Bearish. Max profit if underlying crashes, capped 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
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
๐ก Stock vs Options at Target
If HON hits $205 by Jun 19: the long put returns +$2,643 (741.4%) on $357 risked, vs $-3,004 (-12.8%) for 100 shares on $23,504. Options give 57.9ร 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
+$2,643
+741.4% on $357 risked
Max Profit
+$23,143
If stock โ $0
Max Loss
โ$357
Premium paid
Break-even
$231.43
-1.53% from spot
Prob. of Target Hit
1%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-42.09 / -2.03 / 39.38
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%) | +$4,147 | +$4,210 | +$4,273 | +$4,340 |
| $200 (-15%) | +$2,972 | +$3,035 | +$3,098 | +$3,165 |
| $205 (-13%) โ target | +$2,451 | +$2,513 | +$2,576 | +$2,643 |
| $212 (-10%) | +$1,804 | +$1,861 | +$1,922 | +$1,989 |
| $223 (-5%) | +$732 | +$739 | +$759 | +$814 |
| $230 (-2%) | +$236 | +$200 | +$151 | +$109 |
| $235 (0%) โ spot | -$0 | -$52 | -$127 | -$357 |
| $240 (+2%) | -$162 | -$212 | -$278 | -$357 |
| $247 (+5%) | -$291 | -$321 | -$348 | -$357 |
| $259 (+10%) | -$351 | -$355 | -$357 | -$357 |
| $270 (+15%) | -$357 | -$357 | -$357 | -$357 |
| $282 (+20%) | -$357 | -$357 | -$357 | -$357 |
Uses HON's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.