Target Price Playground

Templates Custom Builder
MU
$420.59
๐ŸŸข
MU IV: 66.4% โ€” LOW (-24.1% vs 30d avg of 87.5%)
Options are cheap vs 30d avg โ€” good time to BUY options (long calls/puts, debit spreads).
Forward Projection If price hits $470 by Jun 19
Historical Backtest Coming soon
Signal Backtest Coming soon

๐Ÿ“‹ Strategy

Moderately bullish. Debit, capped max profit + loss.

๐ŸŽฏ Target

67d from today

โš™๏ธ Legs

LONG CALL ยท $420 ยท Jun '26
Qty 1 ยท Premium $52.75 ยท ฮ” 0.57
SHORT CALL ยท $455 ยท Jun '26
Qty 1 ยท Premium $37.54 ยท ฮ” 0.46
P&L at Expiry Now $421 Target $470 $294 $421 $547
Stock (100 sh) Bull Call Spread Now Target
๐Ÿ’ก Stock vs Options at Target

If MU hits $470 by Jun 19: the bull call spread returns +$1,979 (130.1%) on $1,521 risked, vs +$4,941 (11.7%) for 100 shares on $42,059. Options give 11.1ร— capital efficiency.

๐Ÿ“… Expiry

Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if MU is at $470. Use the 30d / 60d / 90d / 180d pills to compare different expiries.

๐Ÿ“Š Projected Return

P&L if MU hits $470 by Jun 19
+$1,979
+130.1% on $1,521 risked
Max Profit
+$1,979
If the stock โ‰ฅ $455 at expiry
Max Loss
โˆ’$1,521
Net debit
Break-even
$435.21
+3.48% from spot
Prob. of Target Hit
69%
IV-implied, 67d (rough)
Net ฮ” / ฮ˜ / V
10.36 / -2.3 / -1.58
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

MU Price Today May 5 May 27 Jun 19 (exp)
$336 (-20%) -$971 -$1,101 -$1,316 -$1,521
$358 (-15%) -$783 -$902 -$1,132 -$1,521
$379 (-10%) -$575 -$668 -$873 -$1,521
$400 (-5%) -$355 -$408 -$547 -$1,521
$412 (-2%) -$221 -$245 -$329 -$1,521
$421 (0%) โ† spot -$130 -$136 -$178 -$1,462
$429 (+2%) -$40 -$26 -$26 -$621
$442 (+5%) +$93 +$137 +$203 +$641
$463 (+10%) +$309 +$401 +$568 +$1,979
$470 (+12%) โ† target +$382 +$490 +$688 +$1,979
$484 (+15%) +$514 +$647 +$896 +$1,979
$505 (+20%) +$703 +$870 +$1,174 +$1,979
Uses MU's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.