Target Price Playground

Templates Custom Builder
MSTR
$128.64
๐ŸŸก
MSTR IV: 78.0% โ€” NORMAL (-13.3% vs 30d avg of 89.9%)
IV is near its 30-day average โ€” no strong edge either way.
Forward Projection If price hits $115 by Jun 19
Historical Backtest Coming soon
Signal Backtest Coming soon

๐Ÿ“‹ Strategy

Moderately bearish. Debit, capped max profit + loss.

๐ŸŽฏ Target

67d from today

โš™๏ธ Legs

LONG PUT ยท $130 ยท Jun '26
Qty 1 ยท Premium $15.76 ยท ฮ” -0.45
SHORT PUT ยท $120 ยท Jun '26
Qty 1 ยท Premium $11.15 ยท ฮ” -0.35
P&L at Expiry Now $129 Target $115 $90 $129 $167
Stock (100 sh) Bear Put Spread Now Target
๐Ÿ’ก Stock vs Options at Target

If MSTR hits $115 by Jun 19: the bear put spread returns +$539 (116.9%) on $461 risked, vs $-1,364 (-10.6%) for 100 shares on $12,864. Options give 11.0ร— capital efficiency.

๐Ÿ“… Expiry

Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if MSTR is at $115. Use the 30d / 60d / 90d / 180d pills to compare different expiries.

๐Ÿ“Š Projected Return

P&L if MSTR hits $115 by Jun 19
+$539
+116.9% on $461 risked
Max Profit
+$539
If the stock โ‰ค $120 at expiry
Max Loss
โˆ’$461
Net debit
Break-even
$125.39
-2.53% from spot
Prob. of Target Hit
76%
IV-implied, 67d (rough)
Net ฮ” / ฮ˜ / V
-10.3 / -0.43 / 0.99
per spread, per $1 move / day / vol pt
๐Ÿ’พ Log in to save ๐Ÿ“Š My Saved Strategies

๐Ÿ“‹ 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.
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.
Signal Backtest
"Run this strategy on every BUY-rated stock with score โ‰ฅ 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.

๐Ÿ“Š P&L Scenarios โ€” what happens at different prices and dates

MSTR Price Today May 5 May 27 Jun 19 (exp)
$103 (-20%) +$295 +$326 +$389 +$539
$109 (-15%) +$237 +$259 +$309 +$539
$115 (-11%) โ† target +$185 +$196 +$228 +$539
$122 (-5%) +$118 +$115 +$115 +$318
$126 (-2%) +$83 +$71 +$54 -$68
$129 (0%) โ† spot +$59 +$43 +$15 -$325
$131 (+2%) +$37 +$15 -$24 -$461
$135 (+5%) +$3 -$26 -$80 -$461
$142 (+10%) -$50 -$89 -$164 -$461
$148 (+15%) -$99 -$147 -$235 -$461
$154 (+20%) -$144 -$198 -$293 -$461
Uses MSTR's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.