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 $79 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
Bet on big move in either direction. Two premiums paid.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $69 ยท Jun '26
Qty 1 ยท Premium $6.28 ยท ฮ 0.55
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 Straddle
Now
Target
๐ก Stock vs Options at Target
If ON hits $79 by Jun 19: the long straddle returns $-234 (-18.9%) on $1,234 risked, vs +$1,035 (15.1%) for 100 shares on $6,865. Options give 1.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ON is at $79. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ON hits $79 by Jun 19
$-234
-18.9% on $1,234 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$1,234
Both premiums paid
Break-even
$56.66
-17.46% from spot
Prob. of Target Hit
50%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
10.11 / -9.1 / 23.28
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%) | +$359 | +$263 | +$184 | +$174 |
| $58 (-15%) | +$177 | +$39 | -$103 | -$169 |
| $62 (-10%) | +$55 | -$122 | -$329 | -$513 |
| $65 (-5%) | -$4 | -$209 | -$469 | -$856 |
| $67 (-2%) | -$9 | -$225 | -$505 | -$1,062 |
| $69 (0%) โ spot | -$0 | -$221 | -$508 | -$1,199 |
| $70 (+2%) | +$18 | -$205 | -$495 | -$1,132 |
| $72 (+5%) | +$64 | -$159 | -$445 | -$926 |
| $76 (+10%) | +$182 | -$32 | -$291 | -$582 |
| $79 (+15%) โ target | +$350 | +$155 | -$65 | -$234 |
| $82 (+20%) | +$553 | +$380 | +$203 | +$104 |
Uses ON's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.