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
Bearish. Max profit if underlying crashes, capped loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $12 ยท Jun '26
Qty 1 ยท Premium $0.65 ยท ฮ -0.5
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
๐ก Stock vs Options at Target
If PAR hits $11 by Jun 19: the long put returns +$85 (131.0%) on $65 risked, vs $-132 (-11.2%) for 100 shares on $1,182. Options give 11.7ร 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
+$85
+131.0% on $65 risked
Max Profit
+$1,135
If stock โ $0
Max Loss
โ$65
Premium paid
Break-even
$11.35
-3.97% from spot
Prob. of Target Hit
38%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-49.56 / -0.37 / 2.02
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%) | +$181 | +$183 | +$186 | +$189 |
| $10 (-15%) | +$126 | +$126 | +$127 | +$130 |
| $11 (-11%) โ target | +$88 | +$85 | +$83 | +$85 |
| $11 (-10%) | +$76 | +$73 | +$70 | +$71 |
| $11 (-5%) | +$34 | +$27 | +$18 | +$12 |
| $12 (-2%) | +$13 | +$4 | -$7 | -$23 |
| $12 (0%) โ spot | -$0 | -$9 | -$22 | -$47 |
| $12 (+2%) | -$11 | -$21 | -$33 | -$65 |
| $12 (+5%) | -$25 | -$34 | -$46 | -$65 |
| $13 (+10%) | -$42 | -$50 | -$59 | -$65 |
| $14 (+15%) | -$52 | -$58 | -$63 | -$65 |
| $14 (+20%) | -$58 | -$62 | -$65 | -$65 |
Uses PAR's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.