Sell OTM put for premium; get assigned if price drops.
๐ฏ Target
67d from today
โ๏ธ Legs
SHORT PUT ยท $76 ยท Jun '26
Qty 1 ยท Premium $6.4 ยท ฮ -0.32
P&L at Expiry
Stock (100 sh)Cash-Secured PutNowTarget
๐ก Stock vs Options at Target
If NOW hits $87 by Jun 19:
the cash-secured put returns
+$640
(9.2%)
on $-640 credit (max loss $6,960), vs
+$400
(4.8%)
for 100 shares on $8,300.
Options give 1.9ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026
(67 days out).
P&L shown is the value at expiry if NOW is at $87.
Use the 30d / 60d / 90d / 180d pills to compare different expiries.
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 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.
๐ P&L Scenarios โ what happens at different prices and dates
NOW Price
Today
May 5
May 27
Jun 19 (exp)
$66
(-20%)
-$585
-$497
-$395
-$320
$71
(-15%)
-$333
-$226
-$89
+$95
$75
(-10%)
-$121
-$2
+$156
+$510
$79
(-5%)
+$55
+$177
+$337
+$640
$81
(-2%)
+$143
+$263
+$418
+$640
$83
(0%)โ spot
+$196
+$314
+$461
+$640
$85
(+2%)
+$244
+$358
+$497
+$640
$87
(+5%)โ target
+$303
+$412
+$538
+$640
$91
(+10%)
+$393
+$488
+$587
+$640
$95
(+15%)
+$459
+$540
+$613
+$640
$100
(+20%)
+$509
+$575
+$627
+$640
Uses NOW's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.