Target Price Playground
ISRG
$450.62
๐ข
ISRG IV: 34.1% โ LOW
(-44.6% vs 30d avg of 61.5%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $500 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
Moderately bullish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $450 ยท Jun '26
Qty 1 ยท Premium $31.2 ยท ฮ 0.56
SHORT CALL ยท $485 ยท Jun '26
Qty 1 ยท Premium $14.28 ยท ฮ 0.35
P&L at Expiry
Stock (100 sh)
Bull Call Spread
Now
Target
๐ก Stock vs Options at Target
If ISRG hits $500 by Jun 19: the bull call spread returns +$1,808 (106.9%) on $1,692 risked, vs +$4,938 (11.0%) for 100 shares on $45,062. Options give 9.7ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ISRG is at $500. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ISRG hits $500 by Jun 19
+$1,808
+106.9% on $1,692 risked
Max Profit
+$1,808
If the stock โฅ $485 at expiry
Max Loss
โ$1,692
Net debit
Break-even
$466.92
+3.62% from spot
Prob. of Target Hit
47%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
20.61 / -3.31 / 5.25
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
| ISRG Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $361 (-20%) | -$1,540 | -$1,624 | -$1,684 | -$1,692 |
| $383 (-15%) | -$1,365 | -$1,496 | -$1,641 | -$1,692 |
| $406 (-10%) | -$1,092 | -$1,247 | -$1,483 | -$1,692 |
| $428 (-5%) | -$731 | -$861 | -$1,111 | -$1,692 |
| $442 (-2%) | -$483 | -$575 | -$769 | -$1,692 |
| $451 (0%) โ spot | -$311 | -$370 | -$502 | -$1,630 |
| $460 (+2%) | -$137 | -$159 | -$216 | -$729 |
| $473 (+5%) | +$123 | +$158 | +$221 | +$623 |
| $500 (+11%) โ target | +$604 | +$732 | +$976 | +$1,808 |
| $518 (+15%) | +$882 | +$1,047 | +$1,332 | +$1,808 |
| $541 (+20%) | +$1,163 | +$1,340 | +$1,596 | +$1,808 |
Uses ISRG's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.