Target Price Playground
PRGS
$26.65
๐ก
PRGS IV: 59.2% โ NORMAL
(-10.7% vs 30d avg of 66.3%)
IV is near its 30-day average โ no strong edge either way.
Forward Projection
If price hits $30 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 shares and hold. Unlimited upside, full downside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $26.65 ยท ฮ 1.00
P&L at Expiry
Stock (100 sh)
Long Stock
Now
Target
๐ก Stock vs Options at Target
If PRGS hits $30 by Jun 19: the long stock returns +$335 (12.6%) on $2,665 risked, vs $ (None%) for 100 shares on $.
๐ Expiry
Stock-only position โ no expiry. Target date is Jun 19.
๐ Projected Return
P&L if PRGS hits $30 by Jun 19
+$335
+12.6% on $2,665 risked
Max Profit
Unlimited
Unlimited upside
Max Loss
โ$2,665
If stock โ $0
Break-even
$26.65
+0.0% from spot
Prob. of Target Hit
62%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
100.0 / 0.0 / 0.0
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
| PRGS Price | Today | May 13 | Jun 12 (exp) |
|---|---|---|---|
| $21 (-20%) | -$533 | -$533 | -$533 |
| $23 (-15%) | -$400 | -$400 | -$400 |
| $24 (-10%) | -$267 | -$267 | -$267 |
| $25 (-5%) | -$133 | -$133 | -$133 |
| $26 (-2%) | -$53 | -$53 | -$53 |
| $27 (0%) โ spot | +$0 | +$0 | +$0 |
| $27 (+2%) | +$53 | +$53 | +$53 |
| $28 (+5%) | +$133 | +$133 | +$133 |
| $29 (+10%) | +$267 | +$267 | +$267 |
| $30 (+13%) โ target | +$335 | +$335 | +$335 |
| $31 (+15%) | +$400 | +$400 | +$400 |
| $32 (+20%) | +$533 | +$533 | +$533 |
Uses PRGS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.