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 $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
Buy a longer-dated put, sell a shorter-dated OTM put. Profits from time decay + a moderate drop.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $14 ยท Jul '26
Qty 1 ยท Premium $2.37 ยท ฮ -0.39
SHORT PUT ยท $14 ยท Jun '26
Qty 1 ยท Premium $1.72 ยท ฮ -0.36
P&L at Expiry
Stock (100 sh)
Diagonal Put Spread
Now
Target
๐ก Stock vs Options at Target
If QBTS hits $14 by Jun 19: the diagonal put spread returns +$96 (147.5%) on $65 risked, vs $-75 (-5.3%) for 100 shares on $1,425. Options give 27.8ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if QBTS is at $14. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if QBTS hits $14 by Jun 19
+$96
+147.5% on $65 risked
Max Profit
+$95
If the stock price is favorable
Max Loss
โ$39
Worst-case within chart range
Break-even
$16.14
+13.29% from spot
Prob. of Target Hit
89%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-2.63 / 0.2 / 0.52
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%) | +$1 | +$6 | +$15 | +$18 |
| $12 (-15%) | +$1 | +$8 | +$19 | +$38 |
| $13 (-10%) | +$1 | +$8 | +$21 | +$65 |
| $14 (-5%) โ target | +$1 | +$8 | +$20 | +$96 |
| $14 (-2%) | -$0 | +$7 | +$19 | +$74 |
| $14 (0%) โ spot | -$1 | +$6 | +$18 | +$61 |
| $15 (+2%) | -$2 | +$5 | +$16 | +$50 |
| $15 (+5%) | -$3 | +$3 | +$14 | +$34 |
| $16 (+10%) | -$5 | +$0 | +$8 | +$12 |
| $16 (+15%) | -$7 | -$4 | +$2 | -$6 |
| $17 (+20%) | -$10 | -$8 | -$5 | -$20 |
Uses QBTS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.