Target Price Playground

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NCNO
$17.45
๐ŸŸก
NCNO IV: 67.8% โ€” NORMAL (-11.6% vs 30d avg of 76.7%)
IV is near its 30-day average โ€” no strong edge either way.
Forward Projection If price hits $20 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 $18 ยท Jun '26
Qty 1 ยท Premium $1.99 ยท ฮ” 0.56
SHORT CALL ยท $19 ยท Jun '26
Qty 1 ยท Premium $1.41 ยท ฮ” 0.45
P&L at Expiry Now $17 Target $20 $12 $17 $23
Stock (100 sh) Bull Call Spread Now Target
๐Ÿ’ก Stock vs Options at Target

If NCNO hits $20 by Jun 19: the bull call spread returns +$91 (155.9%) on $59 risked, vs +$205 (11.7%) for 100 shares on $1,745. Options give 13.3ร— capital efficiency.

๐Ÿ“… Expiry

Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if NCNO is at $20. Use the 30d / 60d / 90d / 180d pills to compare different expiries.

๐Ÿ“Š Projected Return

P&L if NCNO hits $20 by Jun 19
+$91
+155.9% on $59 risked
Max Profit
+$91
If the stock โ‰ฅ $19 at expiry
Max Loss
โˆ’$59
Net debit
Break-even
$18.09
+3.65% from spot
Prob. of Target Hit
68%
IV-implied, 67d (rough)
Net ฮ” / ฮ˜ / V
11.61 / -0.01 / -0.01
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

NCNO Price Today May 5 May 27 Jun 19 (exp)
$14 (-20%) -$36 -$42 -$51 -$58
$15 (-15%) -$28 -$34 -$44 -$58
$16 (-10%) -$19 -$24 -$33 -$58
$17 (-5%) -$9 -$12 -$19 -$58
$17 (-2%) -$3 -$5 -$9 -$58
$17 (0%) โ† spot +$1 -$0 -$3 -$58
$18 (+2%) +$5 +$5 +$4 -$28
$18 (+5%) +$11 +$12 +$14 +$24
$19 (+10%) +$21 +$24 +$31 +$92
$20 (+12%) โ† target +$24 +$28 +$36 +$92
$20 (+15%) +$30 +$35 +$46 +$92
$21 (+20%) +$38 +$45 +$58 +$92
Uses NCNO's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.