Target Price Playground
PAR
$11.82
Forward Projection
If price hits $13 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 $12 ยท Jun '26
Qty 1 ยท Premium $0.57 ยท ฮ 0.5
SHORT CALL ยท $13 ยท Jun '26
Qty 1 ยท Premium $0.24 ยท ฮ 0.27
P&L at Expiry
Stock (100 sh)
Bull Call Spread
Now
Target
๐ก Stock vs Options at Target
If PAR hits $13 by Jun 19: the bull call spread returns +$67 (201.0%) on $33 risked, vs +$118 (10.0%) for 100 shares on $1,182. Options give 20.1ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if PAR is at $13. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if PAR hits $13 by Jun 19
+$67
+201.0% on $33 risked
Max Profit
+$67
If the stock โฅ $13 at expiry
Max Loss
โ$33
Net debit
Break-even
$12.33
+4.33% from spot
Prob. of Target Hit
44%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
23.4 / -0.11 / 0.34
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
| PAR Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $9 (-20%) | -$31 | -$33 | -$33 | -$33 |
| $10 (-15%) | -$28 | -$31 | -$33 | -$33 |
| $11 (-10%) | -$22 | -$26 | -$31 | -$33 |
| $11 (-5%) | -$13 | -$17 | -$24 | -$33 |
| $12 (-2%) | -$5 | -$9 | -$16 | -$33 |
| $12 (0%) โ spot | +$0 | -$3 | -$9 | -$33 |
| $12 (+2%) | +$6 | +$4 | -$0 | -$27 |
| $12 (+5%) | +$14 | +$14 | +$13 | +$8 |
| $13 (+10%) โ target | +$28 | +$31 | +$36 | +$67 |
| $14 (+15%) | +$40 | +$45 | +$52 | +$67 |
| $14 (+20%) | +$50 | +$54 | +$61 | +$67 |
Uses PAR's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.