Target Price Playground
PAR
$11.82
Forward Projection
If price hits $11 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
Buy a longer-dated put, sell a shorter-dated OTM put. Profits from time decay + a moderate drop.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $12 ยท Jul '26
Qty 1 ยท Premium $0.74 ยท ฮ -0.48
SHORT PUT ยท $11 ยท Jun '26
Qty 1 ยท Premium $0.24 ยท ฮ -0.25
P&L at Expiry
Stock (100 sh)
Diagonal Put Spread
Now
Target
๐ก Stock vs Options at Target
If PAR hits $11 by Jun 19: the diagonal put spread returns +$53 (105.0%) on $51 risked, vs $-82 (-6.9%) for 100 shares on $1,182. Options give 15.2ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if PAR is at $11. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if PAR hits $11 by Jun 19
+$53
+105.0% on $51 risked
Max Profit
+$52
If the stock price is favorable
Max Loss
โ$51
Worst-case within chart range
Break-even
$11.75
-0.59% from spot
Prob. of Target Hit
59%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-23.26 / 0.02 / 0.81
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%) | +$41 | +$44 | +$46 | +$46 |
| $10 (-15%) | +$36 | +$40 | +$44 | +$46 |
| $11 (-10%) | +$26 | +$31 | +$37 | +$49 |
| $11 (-7%) โ target | +$19 | +$23 | +$29 | +$54 |
| $11 (-5%) | +$14 | +$17 | +$22 | +$35 |
| $12 (-2%) | +$6 | +$8 | +$10 | +$11 |
| $12 (0%) โ spot | +$1 | +$1 | +$1 | -$3 |
| $12 (+2%) | -$5 | -$6 | -$7 | -$15 |
| $12 (+5%) | -$13 | -$15 | -$18 | -$28 |
| $13 (+10%) | -$24 | -$27 | -$33 | -$41 |
| $14 (+15%) | -$33 | -$37 | -$41 | -$47 |
| $14 (+20%) | -$39 | -$43 | -$46 | -$49 |
Uses PAR's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.