Target Price Playground
JPM
$309.87
๐ข
JPM IV: 27.7% โ LOW
(-42.8% vs 30d avg of 48.5%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $335 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
@ $309.87 ยท ฮ 1.00
SHORT CALL ยท $335 ยท Jun '26
Qty 1 ยท Premium $4.45 ยท ฮ 0.24
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If JPM hits $335 by Jun 19: the covered call returns +$2,958 (9.7%) on $30,542 risked, vs +$2,513 (8.1%) for 100 shares on $30,987. 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 JPM is at $335. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if JPM hits $335 by Jun 19
+$2,958
+9.7% on $30,542 risked
Max Profit
+$2,958
If the stock โฅ $335 at expiry
Max Loss
โ$30,542
If stock โ $0 (minus premium received)
Break-even
$305.42
-1.44% from spot
Prob. of Target Hit
48%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
75.61 / 7.8 / -37.7
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
| JPM Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $248 (-20%) | -$5,758 | -$5,753 | -$5,752 | -$5,752 |
| $263 (-15%) | -$4,231 | -$4,209 | -$4,203 | -$4,203 |
| $279 (-10%) | -$2,752 | -$2,687 | -$2,656 | -$2,654 |
| $294 (-5%) | -$1,377 | -$1,236 | -$1,129 | -$1,104 |
| $304 (-2%) | -$631 | -$435 | -$252 | -$175 |
| $310 (0%) โ spot | -$174 | +$58 | +$299 | +$445 |
| $316 (+2%) | +$246 | +$511 | +$810 | +$1,065 |
| $325 (+5%) | +$802 | +$1,104 | +$1,473 | +$1,994 |
| $335 (+8%) โ target | +$1,282 | +$1,604 | +$2,008 | +$2,958 |
| $341 (+10%) | +$1,528 | +$1,851 | +$2,254 | +$2,958 |
| $356 (+15%) | +$2,022 | +$2,318 | +$2,652 | +$2,958 |
| $372 (+20%) | +$2,330 | +$2,572 | +$2,806 | +$2,958 |
Uses JPM's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.