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 $520 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
Bet on big move in either direction. Two premiums paid.
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
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 Straddle
Now
Target
๐ก Stock vs Options at Target
If ISRG hits $520 by Jun 19: the long straddle returns +$1,340 (23.7%) on $5,660 risked, vs +$6,938 (15.4%) for 100 shares on $45,062. Options give 1.5ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ISRG is at $520. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ISRG hits $520 by Jun 19
+$1,340
+23.7% on $5,660 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$5,660
Both premiums paid
Break-even
$506.60
+12.42% from spot
Prob. of Target Hit
31%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
11.43 / -42.04 / 151.63
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%) | +$3,367 | +$3,211 | +$3,179 | +$3,290 |
| $383 (-15%) | +$1,710 | +$1,316 | +$1,023 | +$1,037 |
| $406 (-10%) | +$501 | -$159 | -$853 | -$1,216 |
| $428 (-5%) | -$150 | -$1,027 | -$2,113 | -$3,469 |
| $442 (-2%) | -$252 | -$1,206 | -$2,438 | -$4,821 |
| $451 (0%) โ spot | -$199 | -$1,179 | -$2,453 | -$5,598 |
| $460 (+2%) | -$53 | -$1,038 | -$2,308 | -$4,697 |
| $473 (+5%) | +$331 | -$626 | -$1,815 | -$3,345 |
| $496 (+10%) | +$1,365 | +$525 | -$403 | -$1,092 |
| $520 (+15%) โ target | +$2,926 | +$2,262 | +$1,645 | +$1,340 |
| $541 (+20%) | +$4,526 | +$4,011 | +$3,600 | +$3,414 |
Uses ISRG's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.