Target Price Playground

Templates Custom Builder
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 $17 by Jun 19
Historical Backtest Coming soon
Signal Backtest Coming soon

๐Ÿ“‹ Strategy

Buy a longer-dated put, sell a shorter-dated OTM put. Profits from time decay + a moderate drop.

๐ŸŽฏ Target

67d from today

โš™๏ธ Legs

LONG PUT ยท $18 ยท Jul '26
Qty 1 ยท Premium $2.24 ยท ฮ” -0.42
SHORT PUT ยท $17 ยท Jun '26
Qty 1 ยท Premium $1.4 ยท ฮ” -0.36
P&L at Expiry Now $17 Target $17 $12 $17 $23
Stock (100 sh) Diagonal Put Spread Now Target
๐Ÿ’ก Stock vs Options at Target

If NCNO hits $17 by Jun 19: the diagonal put spread returns +$92 (109.6%) on $84 risked, vs $-95 (-5.4%) for 100 shares on $1,745. Options give 20.3ร— capital efficiency.

๐Ÿ“… Expiry

Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if NCNO is at $17. Use the 30d / 60d / 90d / 180d pills to compare different expiries.

๐Ÿ“Š Projected Return

P&L if NCNO hits $17 by Jun 19
+$92
+109.6% on $84 risked
Max Profit
+$90
If the stock price is favorable
Max Loss
โˆ’$72
Worst-case within chart range
Break-even
$18.51
+6.06% from spot
Prob. of Target Hit
85%
IV-implied, 67d (rough)
Net ฮ” / ฮ˜ / V
-6.7 / 0.19 / 0.7
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%) +$15 +$21 +$27 +$25
$15 (-15%) +$13 +$19 +$30 +$40
$16 (-10%) +$10 +$16 +$28 +$63
$17 (-5%) โ† target +$6 +$12 +$24 +$92
$17 (-2%) +$2 +$8 +$19 +$59
$17 (0%) โ† spot -$0 +$5 +$15 +$42
$18 (+2%) -$3 +$2 +$10 +$27
$18 (+5%) -$6 -$3 +$4 +$6
$19 (+10%) -$13 -$11 -$9 -$21
$20 (+15%) -$20 -$20 -$21 -$41
$21 (+20%) -$26 -$28 -$33 -$55
Uses NCNO's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.