Target Price Playground
IONQ
$28.79
๐ข
IONQ IV: 80.3% โ LOW
(-27.9% vs 30d avg of 111.4%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $31 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, sell OTM call for income. Caps upside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $28.79 ยท ฮ 1.00
SHORT CALL ยท $31 ยท Jun '26
Qty 1 ยท Premium $3.48 ยท ฮ 0.5
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If IONQ hits $31 by Jun 19: the covered call returns +$569 (22.5%) on $2,531 risked, vs +$221 (7.7%) for 100 shares on $2,879. Options give 2.9ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if IONQ is at $31. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if IONQ hits $31 by Jun 19
+$569
+22.5% on $2,531 risked
Max Profit
+$569
If the stock โฅ $31 at expiry
Max Loss
โ$2,531
If stock โ $0 (minus premium received)
Break-even
$25.31
-12.09% from spot
Prob. of Target Hit
84%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
49.63 / 3.32 / -4.92
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
| IONQ Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $23 (-20%) | -$351 | -$301 | -$252 | -$228 |
| $24 (-15%) | -$251 | -$192 | -$127 | -$84 |
| $26 (-10%) | -$159 | -$92 | -$13 | +$60 |
| $27 (-5%) | -$76 | -$1 | +$91 | +$204 |
| $28 (-2%) | -$30 | +$48 | +$146 | +$290 |
| $29 (0%) โ spot | -$0 | +$80 | +$181 | +$348 |
| $29 (+2%) | +$28 | +$110 | +$214 | +$406 |
| $30 (+5%) | +$68 | +$151 | +$259 | +$492 |
| $31 (+8%) โ target | +$101 | +$186 | +$296 | +$569 |
| $32 (+10%) | +$128 | +$214 | +$325 | +$569 |
| $33 (+15%) | +$182 | +$268 | +$379 | +$569 |
| $35 (+20%) | +$229 | +$315 | +$422 | +$569 |
Uses IONQ's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.