Target Price Playground
๐ Strategy
๐ฏ Target
โ๏ธ Legs
๐ก Stock vs Options at Target
If IPGP hits $135 by Jun 19: the cash-secured put returns +$757 (7.0%) on $-757 credit (max loss $10,743), vs +$768 (6.0%) for 100 shares on $12,732. Options give 1.2ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if IPGP is at $135. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
๐ Notes for each mode (not shown on real page)
Reprices legs at (target_price, target_date) via Black-Scholes. Works on existing BS service. Simplest mode โ ship first.
Uses our historical options chains to replay this exact strategy over past expirations. Needs: date picker, "rolling every N days", cumulative P&L chart.
"Run this strategy on every BUY-rated stock with score โฅ 80 for last 90d." Reuses score_backtest pipeline + strategy overlay.
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
| IPGP Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $102 (-20%) | -$1,128 | -$960 | -$757 | -$557 |
| $108 (-15%) | -$769 | -$576 | -$325 | +$79 |
| $115 (-10%) | -$463 | -$256 | +$19 | +$716 |
| $121 (-5%) | -$209 | +$1 | +$275 | +$757 |
| $125 (-2%) | -$78 | +$128 | +$392 | +$757 |
| $127 (0%) โ spot | +$0 | +$203 | +$456 | +$757 |
| $130 (+2%) | +$72 | +$270 | +$511 | +$757 |
| $134 (+5%) | +$169 | +$358 | +$577 | +$757 |
| $135 (+6%) โ target | +$199 | +$384 | +$596 | +$757 |
| $140 (+10%) | +$304 | +$473 | +$653 | +$757 |
| $146 (+15%) | +$410 | +$558 | +$699 | +$757 |
| $153 (+20%) | +$493 | +$619 | +$726 | +$757 |