Target Price Playground
๐ Strategy
๐ฏ Target
โ๏ธ Legs
๐ก Stock vs Options at Target
If PTC hits $140 by Jun 19: the cash-secured put returns +$435 (3.6%) on $-435 credit (max loss $12,065), vs +$656 (4.9%) for 100 shares on $13,344. Options give 0.7ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if PTC is at $140. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
๐ Notes for each mode (not shown on real page)
Reprices legs at (target_price, target_date) via Black-Scholes. Works on existing BS service. Simplest mode โ ship first.
Uses our historical options chains to replay this exact strategy over past expirations. Needs: date picker, "rolling every N days", cumulative P&L chart.
"Run this strategy on every BUY-rated stock with score โฅ 80 for last 90d." Reuses score_backtest pipeline + strategy overlay.
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
| PTC Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $107 (-20%) | -$1,462 | -$1,413 | -$1,377 | -$1,390 |
| $113 (-15%) | -$965 | -$878 | -$780 | -$723 |
| $120 (-10%) | -$554 | -$438 | -$287 | -$55 |
| $127 (-5%) | -$235 | -$108 | +$62 | +$435 |
| $131 (-2%) | -$84 | +$40 | +$201 | +$435 |
| $133 (0%) โ spot | +$0 | +$120 | +$269 | +$435 |
| $136 (+2%) | +$73 | +$186 | +$320 | +$435 |
| $140 (+5%) โ target | +$162 | +$262 | +$370 | +$435 |
| $147 (+10%) | +$272 | +$348 | +$414 | +$435 |
| $153 (+15%) | +$341 | +$393 | +$429 | +$435 |
| $160 (+20%) | +$382 | +$416 | +$433 | +$435 |