Target Price Playground
PAR
$11.82
Forward Projection
If price hits $14 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 $12 ยท Jun '26
Qty 1 ยท Premium $0.57 ยท ฮ 0.5
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 Straddle
Now
Target
๐ก Stock vs Options at Target
If PAR hits $14 by Jun 19: the long straddle returns +$28 (23.2%) on $122 risked, vs +$168 (14.2%) for 100 shares on $1,182. Options give 1.6ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if PAR is at $14. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if PAR hits $14 by Jun 19
+$28
+23.2% on $122 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$122
Both premiums paid
Break-even
$10.78
-8.78% from spot
Prob. of Target Hit
27%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
0.87 / -0.89 / 4.04
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%) | +$126 | +$126 | +$129 | +$132 |
| $10 (-15%) | +$75 | +$71 | +$70 | +$73 |
| $11 (-10%) | +$35 | +$24 | +$15 | +$14 |
| $11 (-5%) | +$8 | -$9 | -$29 | -$45 |
| $12 (-2%) | +$1 | -$19 | -$45 | -$80 |
| $12 (0%) โ spot | -$0 | -$22 | -$50 | -$104 |
| $12 (+2%) | +$1 | -$21 | -$49 | -$116 |
| $12 (+5%) | +$9 | -$13 | -$40 | -$81 |
| $13 (+10%) | +$35 | +$15 | -$6 | -$22 |
| $14 (+14%) โ target | +$66 | +$51 | +$36 | +$28 |
| $14 (+20%) | +$119 | +$108 | +$100 | +$96 |
Uses PAR's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.