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 $270 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
Bet on big move in either direction. Two premiums paid.
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
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 Straddle
Now
Target
๐ก Stock vs Options at Target
If HON hits $270 by Jun 19: the long straddle returns +$2,590 (284.4%) on $910 risked, vs +$3,496 (14.9%) for 100 shares on $23,504. Options give 19.1ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if HON is at $270. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if HON hits $270 by Jun 19
+$2,590
+284.4% on $910 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$910
Both premiums paid
Break-even
$244.10
+3.86% from spot
Prob. of Target Hit
0%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
15.82 / -6.93 / 78.76
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%) | +$3,593 | +$3,656 | +$3,719 | +$3,786 |
| $200 (-15%) | +$2,418 | +$2,481 | +$2,544 | +$2,611 |
| $212 (-10%) | +$1,259 | +$1,308 | +$1,368 | +$1,435 |
| $223 (-5%) | +$290 | +$240 | +$216 | +$260 |
| $230 (-2%) | +$3 | -$134 | -$295 | -$445 |
| $235 (0%) โ spot | -$1 | -$167 | -$381 | -$907 |
| $240 (+2%) | +$147 | -$17 | -$213 | -$437 |
| $247 (+5%) | +$593 | +$470 | +$352 | +$268 |
| $259 (+10%) | +$1,649 | +$1,576 | +$1,510 | +$1,443 |
| $270 (+15%) โ target | +$2,783 | +$2,719 | +$2,656 | +$2,589 |
| $282 (+20%) | +$3,987 | +$3,924 | +$3,861 | +$3,794 |
Uses HON's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.