Target Price Playground
KLAC
$1,737.28
๐ข
KLAC IV: 49.5% โ LOW
(-37.4% vs 30d avg of 79.0%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $1910 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 + buy put as insurance against downside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $1737.28 ยท ฮ 1.00
LONG PUT ยท $1650 ยท Jun '26
Qty 1 ยท Premium $96.96 ยท ฮ -0.35
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If KLAC hits $1910 by Jun 19: the protective put returns +$7,576 (4.1%) on $183,424 risked, vs +$17,272 (9.9%) for 100 shares on $173,728. Options give 0.4ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if KLAC is at $1910. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if KLAC hits $1910 by Jun 19
+$7,576
+4.1% on $183,424 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$18,424
Put floors you at $1650
Break-even
$1834.24
+5.58% from spot
Prob. of Target Hit
64%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
65.13 / -92.54 / 275.31
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
| KLAC Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $1390 (-20%) | -$15,790 | -$16,996 | -$18,152 | -$18,424 |
| $1477 (-15%) | -$13,175 | -$14,875 | -$16,866 | -$18,424 |
| $1564 (-10%) | -$9,669 | -$11,736 | -$14,409 | -$18,424 |
| $1650 (-5%) | -$5,260 | -$7,513 | -$10,511 | -$18,382 |
| $1703 (-2%) | -$2,201 | -$4,474 | -$7,466 | -$13,171 |
| $1737 (0%) โ spot | -$0 | -$2,250 | -$5,164 | -$9,696 |
| $1772 (+2%) | +$2,323 | +$121 | -$2,663 | -$6,221 |
| $1824 (+5%) | +$6,019 | +$3,928 | +$1,410 | -$1,010 |
| $1910 (+10%) โ target | +$12,603 | +$10,769 | +$8,788 | +$7,576 |
| $1998 (+15%) | +$19,873 | +$18,349 | +$16,921 | +$16,363 |
| $2085 (+20%) | +$27,475 | +$26,261 | +$25,293 | +$25,050 |
Uses KLAC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.