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 $395 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
Bearish. Max profit if underlying crashes, capped loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $450 ยท Jun '26
Qty 1 ยท Premium $25.4 ยท ฮ -0.45
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
๐ก Stock vs Options at Target
If ISRG hits $395 by Jun 19: the long put returns +$2,960 (116.5%) on $2,540 risked, vs $-5,562 (-12.3%) for 100 shares on $45,062. Options give 9.5ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ISRG is at $395. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ISRG hits $395 by Jun 19
+$2,960
+116.5% on $2,540 risked
Max Profit
+$42,460
If stock โ $0
Max Loss
โ$2,540
Premium paid
Break-even
$424.60
-5.77% from spot
Prob. of Target Hit
42%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-44.53 / -19.31 / 75.83
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%) | +$6,263 | +$6,246 | +$6,291 | +$6,410 |
| $383 (-15%) | +$4,308 | +$4,172 | +$4,086 | +$4,157 |
| $395 (-12%) โ target | +$3,357 | +$3,149 | +$2,962 | +$2,960 |
| $406 (-10%) | +$2,578 | +$2,308 | +$2,022 | +$1,904 |
| $428 (-5%) | +$1,125 | +$748 | +$265 | -$349 |
| $442 (-2%) | +$398 | -$18 | -$573 | -$1,701 |
| $451 (0%) โ spot | -$26 | -$455 | -$1,031 | -$2,540 |
| $460 (+2%) | -$403 | -$835 | -$1,409 | -$2,540 |
| $473 (+5%) | -$887 | -$1,305 | -$1,839 | -$2,540 |
| $496 (+10%) | -$1,497 | -$1,856 | -$2,259 | -$2,540 |
| $518 (+15%) | -$1,907 | -$2,184 | -$2,443 | -$2,540 |
| $541 (+20%) | -$2,169 | -$2,366 | -$2,511 | -$2,540 |
Uses ISRG's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.