Target Price Playground
MARA
$9.54
๐ข
MARA IV: 90.9% โ LOW
(-25.9% vs 30d avg of 122.6%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $11 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 $10 ยท Jun '26
Qty 1 ยท Premium $1.51 ยท ฮ 0.59
SHORT CALL ยท $11 ยท Jun '26
Qty 1 ยท Premium $1.13 ยท ฮ 0.49
P&L at Expiry
Stock (100 sh)
Bull Call Spread
Now
Target
๐ก Stock vs Options at Target
If MARA hits $11 by Jun 19: the bull call spread returns +$62 (161.7%) on $38 risked, vs +$96 (10.1%) for 100 shares on $954. Options give 16.0ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if MARA is at $11. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if MARA hits $11 by Jun 19
+$62
+161.7% on $38 risked
Max Profit
+$62
If the stock โฅ $10 at expiry
Max Loss
โ$38
Net debit
Break-even
$9.88
+3.59% from spot
Prob. of Target Hit
79%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
10.29 / 0.02 / -0.04
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
| MARA Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $8 (-20%) | -$19 | -$22 | -$28 | -$38 |
| $8 (-15%) | -$14 | -$17 | -$23 | -$38 |
| $9 (-10%) | -$10 | -$11 | -$16 | -$38 |
| $9 (-5%) | -$5 | -$6 | -$8 | -$38 |
| $9 (-2%) | -$2 | -$2 | -$3 | -$38 |
| $10 (0%) โ spot | +$0 | +$0 | -$0 | -$34 |
| $10 (+2%) | +$2 | +$3 | +$3 | -$15 |
| $10 (+5%) | +$5 | +$6 | +$8 | +$14 |
| $11 (+10%) โ target | +$10 | +$12 | +$16 | +$62 |
| $11 (+15%) | +$14 | +$18 | +$24 | +$62 |
| $11 (+20%) | +$19 | +$23 | +$31 | +$62 |
Uses MARA's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.