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

Bet on big move in either direction. Two premiums paid.

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
LONG PUT ยท $18 ยท Jun '26
Qty 1 ยท Premium $1.9 ยท ฮ” -0.44
P&L at Expiry Now $17 Target $20 $10 $17 $24
Stock (100 sh) Long Straddle Now Target
๐Ÿ’ก Stock vs Options at Target

If NCNO hits $20 by Jun 19: the long straddle returns $-140 (-35.8%) on $390 risked, vs +$255 (14.6%) for 100 shares on $1,745. Options give 2.5ร— 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
$-140
-35.8% on $390 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โˆ’$390
Both premiums paid
Break-even
$13.60
-22.04% from spot
Prob. of Target Hit
60%
IV-implied, 67d (rough)
Net ฮ” / ฮ˜ / V
12.7 / -2.87 / 5.89
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%) +$60 +$20 -$19 -$35
$15 (-15%) +$26 -$25 -$82 -$122
$16 (-10%) +$4 -$56 -$128 -$210
$17 (-5%) -$4 -$70 -$155 -$297
$17 (-2%) -$3 -$71 -$160 -$349
$17 (0%) โ† spot +$1 -$69 -$160 -$384
$18 (+2%) +$6 -$64 -$156 -$359
$18 (+5%) +$18 -$53 -$144 -$307
$19 (+10%) +$46 -$23 -$109 -$219
$20 (+15%) โ† target +$81 +$15 -$64 -$139
$21 (+20%) +$131 +$70 +$3 -$45
Uses NCNO's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.