Target Price Playground
QBTS
$14.25
๐ข
QBTS IV: 88.9% โ LOW
(-22.7% vs 30d avg of 114.9%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $16 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
Moderately bullish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $14 ยท Jun '26
Qty 1 ยท Premium $2.29 ยท ฮ 0.6
SHORT CALL ยท $16 ยท Jun '26
Qty 1 ยท Premium $1.76 ยท ฮ 0.5
P&L at Expiry
Stock (100 sh)
Bull Call Spread
Now
Target
๐ก Stock vs Options at Target
If QBTS hits $16 by Jun 19: the bull call spread returns +$97 (182.8%) on $53 risked, vs +$175 (12.3%) for 100 shares on $1,425. Options give 14.9ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if QBTS is at $16. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if QBTS hits $16 by Jun 19
+$97
+182.8% on $53 risked
Max Profit
+$97
If the stock โฅ $16 at expiry
Max Loss
โ$53
Net debit
Break-even
$14.53
+1.97% from spot
Prob. of Target Hit
75%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
10.27 / 0.05 / -0.06
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
| QBTS Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $11 (-20%) | -$23 | -$27 | -$36 | -$53 |
| $12 (-15%) | -$16 | -$20 | -$28 | -$53 |
| $13 (-10%) | -$9 | -$11 | -$17 | -$53 |
| $14 (-5%) | -$1 | -$2 | -$5 | -$53 |
| $14 (-2%) | +$3 | +$3 | +$2 | -$53 |
| $14 (0%) โ spot | +$6 | +$7 | +$7 | -$28 |
| $15 (+2%) | +$9 | +$11 | +$12 | +$1 |
| $15 (+5%) | +$13 | +$16 | +$20 | +$43 |
| $16 (+10%) | +$21 | +$25 | +$32 | +$97 |
| $16 (+12%) โ target | +$24 | +$28 | +$37 | +$97 |
| $16 (+15%) | +$27 | +$33 | +$43 | +$97 |
| $17 (+20%) | +$34 | +$41 | +$53 | +$97 |
Uses QBTS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.