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
Bullish. Unlimited upside, capped loss = premium paid.
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
P&L at Expiry
Stock (100 sh)
Long Call
Now
Target
๐ก Stock vs Options at Target
If NOVT hits $140 by Jun 19: the long call returns +$486 (47.9%) on $1,014 risked, vs +$1,477 (11.8%) for 100 shares on $12,523. Options give 4.1ร 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
+$486
+47.9% on $1,014 risked
Max Profit
Unlimited
Unlimited upside
Max Loss
โ$1,014
Premium paid
Break-even
$135.14
+7.91% from spot
Prob. of Target Hit
54%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
55.9 / -7.79 / 21.17
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%) | -$872 | -$947 | -$1,002 | -$1,014 |
| $106 (-15%) | -$749 | -$861 | -$967 | -$1,014 |
| $113 (-10%) | -$566 | -$714 | -$880 | -$1,014 |
| $119 (-5%) | -$317 | -$491 | -$707 | -$1,014 |
| $123 (-2%) | -$135 | -$318 | -$552 | -$1,014 |
| $125 (0%) โ spot | -$0 | -$187 | -$426 | -$991 |
| $128 (+2%) | +$145 | -$44 | -$282 | -$741 |
| $131 (+5%) | +$381 | +$195 | -$35 | -$365 |
| $138 (+10%) | +$819 | +$646 | +$446 | +$261 |
| $140 (+12%) โ target | +$989 | +$822 | +$636 | +$486 |
| $144 (+15%) | +$1,306 | +$1,152 | +$992 | +$887 |
| $150 (+20%) | +$1,831 | +$1,701 | +$1,580 | +$1,514 |
Uses NOVT's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.