Target Price Playground
ON
$68.65
๐ข
ON IV: 49.9% โ LOW
(-44.3% vs 30d avg of 89.5%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $60 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
Bearish. Max profit if underlying crashes, capped loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $69 ยท Jun '26
Qty 1 ยท Premium $6.06 ยท ฮ -0.45
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
๐ก Stock vs Options at Target
If ON hits $60 by Jun 19: the long put returns +$294 (48.5%) on $606 risked, vs $-865 (-12.6%) for 100 shares on $6,865. Options give 3.8ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ON is at $60. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ON hits $60 by Jun 19
+$294
+48.5% on $606 risked
Max Profit
+$6,294
If stock โ $0
Max Loss
โ$606
Premium paid
Break-even
$62.94
-8.32% from spot
Prob. of Target Hit
58%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-44.94 / -4.13 / 11.64
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
| ON Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $55 (-20%) | +$866 | +$827 | +$797 | +$802 |
| $58 (-15%) | +$604 | +$544 | +$482 | +$459 |
| $60 (-13%) โ target | +$488 | +$418 | +$341 | +$294 |
| $62 (-10%) | +$371 | +$291 | +$197 | +$115 |
| $65 (-5%) | +$169 | +$76 | -$45 | -$228 |
| $67 (-2%) | +$64 | -$35 | -$165 | -$434 |
| $69 (0%) โ spot | -$0 | -$101 | -$235 | -$571 |
| $70 (+2%) | -$59 | -$161 | -$297 | -$606 |
| $72 (+5%) | -$140 | -$242 | -$375 | -$606 |
| $76 (+10%) | -$252 | -$350 | -$470 | -$606 |
| $79 (+15%) | -$341 | -$430 | -$531 | -$606 |
| $82 (+20%) | -$410 | -$487 | -$566 | -$606 |
Uses ON's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.