Target Price Playground

Templates Custom Builder
HPE
$24.89
๐ŸŸก
HPE IV: 81.4% โ€” NORMAL (+0.2% vs 30d avg of 81.2%)
IV is near its 30-day average โ€” no strong edge either way.
Forward Projection If price hits $22 by Jun 19
Historical Backtest Coming soon
Signal Backtest Coming soon

๐Ÿ“‹ Strategy

Moderately bearish. Debit, capped max profit + loss.

๐ŸŽฏ Target

67d from today

โš™๏ธ Legs

LONG PUT ยท $25 ยท Jun '26
Qty 1 ยท Premium $2.13 ยท ฮ” -0.31
SHORT PUT ยท $23 ยท Jun '26
Qty 1 ยท Premium $1.34 ยท ฮ” -0.31
P&L at Expiry Now $25 Target $22 $17 $25 $32
Stock (100 sh) Bear Put Spread Now Target
๐Ÿ’ก Stock vs Options at Target

If HPE hits $22 by Jun 19: the bear put spread returns +$121 (153.2%) on $79 risked, vs $-289 (-11.6%) for 100 shares on $2,489. Options give 13.2ร— capital efficiency.

๐Ÿ“… Expiry

Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if HPE is at $22. Use the 30d / 60d / 90d / 180d pills to compare different expiries.

๐Ÿ“Š Projected Return

P&L if HPE hits $22 by Jun 19
+$121
+153.2% on $79 risked
Max Profit
+$121
If the stock โ‰ค $23 at expiry
Max Loss
โˆ’$79
Net debit
Break-even
$24.21
-2.73% from spot
Prob. of Target Hit
81%
IV-implied, 67d (rough)
Net ฮ” / ฮ˜ / V
0.22 / -5.22 / -0.27
per spread, per $1 move / day / vol pt
๐Ÿ’พ Log in to save ๐Ÿ“Š My Saved Strategies

๐Ÿ“‹ 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.
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.
Signal Backtest
"Run this strategy on every BUY-rated stock with score โ‰ฅ 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.

๐Ÿ“Š P&L Scenarios โ€” what happens at different prices and dates

HPE Price Today May 5 May 27 Jun 19 (exp)
$20 (-20%) +$65 +$69 +$77 +$121
$21 (-15%) +$57 +$58 +$64 +$121
$22 (-12%) โ† target +$51 +$52 +$54 +$121
$22 (-10%) +$49 +$48 +$50 +$121
$24 (-5%) +$40 +$38 +$35 +$56
$24 (-2%) +$35 +$32 +$27 -$18
$25 (0%) โ† spot +$32 +$28 +$21 -$68
$25 (+2%) +$29 +$24 +$16 -$79
$26 (+5%) +$24 +$18 +$8 -$79
$27 (+10%) +$17 +$9 -$5 -$79
$29 (+15%) +$10 +$1 -$16 -$79
$30 (+20%) +$3 -$7 -$26 -$79
Uses HPE's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.