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 $260 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
Own stock + buy put as insurance against downside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $235.04 ยท ฮ 1.00
LONG PUT ยท $225 ยท Jun '26
Qty 1 ยท Premium $0.78 ยท ฮ -0.13
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If HON hits $260 by Jun 19: the protective put returns +$2,418 (10.3%) on $23,582 risked, vs +$2,496 (10.6%) for 100 shares on $23,504. Options give 1.0ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if HON is at $260. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if HON hits $260 by Jun 19
+$2,418
+10.3% on $23,582 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$1,082
Put floors you at $225
Break-even
$235.82
+0.33% from spot
Prob. of Target Hit
3%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
86.55 / -1.42 / 21.81
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%) | -$1,267 | -$1,206 | -$1,146 | -$1,082 |
| $200 (-15%) | -$1,263 | -$1,206 | -$1,146 | -$1,082 |
| $212 (-10%) | -$1,197 | -$1,177 | -$1,142 | -$1,082 |
| $223 (-5%) | -$832 | -$878 | -$945 | -$1,082 |
| $230 (-2%) | -$382 | -$428 | -$488 | -$548 |
| $235 (0%) โ spot | +$0 | -$32 | -$65 | -$78 |
| $240 (+2%) | +$425 | +$407 | +$394 | +$392 |
| $247 (+5%) | +$1,104 | +$1,099 | +$1,097 | +$1,097 |
| $260 (+11%) โ target | +$2,418 | +$2,418 | +$2,418 | +$2,418 |
| $270 (+15%) | +$3,448 | +$3,448 | +$3,448 | +$3,448 |
| $282 (+20%) | +$4,623 | +$4,623 | +$4,623 | +$4,623 |
Uses HON's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.