Target Price Playground
NOVT
$125.23
๐ข
NOVT IV: 47.0% โ LOW
(-21.3% vs 30d avg of 59.8%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $140 by Jun 19
Historical Backtest
Coming soon
Signal Backtest
Coming soon
๐ Strategy
Long Stock
Long Call
Long Put
Bull Call Spread
Bear Put Spread
Covered Call
Protective Put
Cash-Secured Put
Diagonal Put Spread
Long Straddle
Moderately bullish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $125 ยท Jun '26
Qty 1 ยท Premium $10.14 ยท ฮ 0.56
SHORT CALL ยท $135 ยท Jun '26
Qty 1 ยท Premium $6.14 ยท ฮ 0.4
P&L at Expiry
Stock (100 sh)
Bull Call Spread
Now
Target
๐ก Stock vs Options at Target
If NOVT hits $140 by Jun 19: the bull call spread returns +$600 (150.0%) on $400 risked, vs +$1,477 (11.8%) for 100 shares on $12,523. Options give 12.7ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if NOVT is at $140. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if NOVT hits $140 by Jun 19
+$600
+150.0% on $400 risked
Max Profit
+$600
If the stock โฅ $135 at expiry
Max Loss
โ$400
Net debit
Break-even
$129.00
+3.01% from spot
Prob. of Target Hit
54%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
15.92 / -0.34 / 0.44
per spread, per $1 move / day / vol pt
๐ 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.
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.
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 โฅ 80 for last 90d." Reuses score_backtest pipeline + strategy overlay.
"Run this strategy on every BUY-rated stock with score โฅ 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.
Inverse: user says "+50% in 90d", system solves for required price move, shows IV-implied probability. Pure math.
๐ P&L Scenarios โ what happens at different prices and dates
| NOVT Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $100 (-20%) | -$320 | -$354 | -$390 | -$400 |
| $106 (-15%) | -$263 | -$304 | -$362 | -$400 |
| $113 (-10%) | -$187 | -$228 | -$299 | -$400 |
| $119 (-5%) | -$98 | -$128 | -$190 | -$400 |
| $123 (-2%) | -$40 | -$59 | -$103 | -$400 |
| $125 (0%) โ spot | -$0 | -$11 | -$40 | -$377 |
| $128 (+2%) | +$40 | +$37 | +$27 | -$127 |
| $131 (+5%) | +$99 | +$109 | +$127 | +$249 |
| $138 (+10%) | +$194 | +$224 | +$282 | +$600 |
| $140 (+12%) โ target | +$226 | +$262 | +$330 | +$600 |
| $144 (+15%) | +$279 | +$323 | +$405 | +$600 |
| $150 (+20%) | +$352 | +$405 | +$490 | +$600 |
Uses NOVT's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.