Target Price Playground
IDCC
$352.27
๐ก
IDCC IV: 54.6% โ NORMAL
(-10.2% vs 30d avg of 60.8%)
IV is near its 30-day average โ no strong edge either way.
Forward Projection
If price hits $385 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
@ $352.27 ยท ฮ 1.00
LONG PUT ยท $335 ยท Jun '26
Qty 1 ยท Premium $20.44 ยท ฮ -0.35
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If IDCC hits $385 by Jun 19: the protective put returns +$1,229 (3.3%) on $37,271 risked, vs +$3,273 (9.3%) for 100 shares on $35,227. Options give 0.4ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if IDCC is at $385. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if IDCC hits $385 by Jun 19
+$1,229
+3.3% on $37,271 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$3,771
Put floors you at $335
Break-even
$372.71
+5.8% from spot
Prob. of Target Hit
67%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
64.78 / -19.26 / 56.03
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
| IDCC Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $282 (-20%) | -$3,204 | -$3,459 | -$3,706 | -$3,771 |
| $299 (-15%) | -$2,668 | -$3,023 | -$3,440 | -$3,771 |
| $317 (-10%) | -$1,955 | -$2,384 | -$2,939 | -$3,771 |
| $335 (-5%) | -$1,062 | -$1,529 | -$2,151 | -$3,771 |
| $345 (-2%) | -$444 | -$917 | -$1,539 | -$2,749 |
| $352 (0%) โ spot | +$0 | -$468 | -$1,076 | -$2,044 |
| $359 (+2%) | +$469 | +$9 | -$574 | -$1,339 |
| $370 (+5%) | +$1,213 | +$775 | +$244 | -$283 |
| $385 (+9%) โ target | +$2,358 | +$1,963 | +$1,525 | +$1,229 |
| $405 (+15%) | +$4,003 | +$3,678 | +$3,368 | +$3,240 |
| $423 (+20%) | +$5,535 | +$5,273 | +$5,059 | +$5,001 |
Uses IDCC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.