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 $13 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
Bearish. Max profit if underlying crashes, capped loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $14 ยท Jun '26
Qty 1 ยท Premium $2.01 ยท ฮ -0.4
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
๐ก Stock vs Options at Target
If QBTS hits $13 by Jun 19: the long put returns $-51 (-25.4%) on $201 risked, vs $-175 (-12.3%) for 100 shares on $1,425. Options give 2.1ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if QBTS is at $13. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if QBTS hits $13 by Jun 19
$-51
-25.4% on $201 risked
Max Profit
+$1,199
If stock โ $0
Max Loss
โ$201
Premium paid
Break-even
$11.99
-15.86% from spot
Prob. of Target Hit
75%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-40.05 / -1.51 / 2.38
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%) | +$142 | +$115 | +$84 | +$59 |
| $12 (-15%) | +$100 | +$69 | +$32 | -$12 |
| $13 (-12%) โ target | +$78 | +$46 | +$6 | -$51 |
| $13 (-10%) | +$61 | +$28 | -$15 | -$84 |
| $14 (-5%) | +$28 | -$8 | -$54 | -$155 |
| $14 (-2%) | +$9 | -$27 | -$75 | -$197 |
| $14 (0%) โ spot | -$2 | -$39 | -$87 | -$201 |
| $15 (+2%) | -$14 | -$50 | -$99 | -$201 |
| $15 (+5%) | -$29 | -$66 | -$114 | -$201 |
| $16 (+10%) | -$52 | -$89 | -$136 | -$201 |
| $16 (+15%) | -$73 | -$109 | -$153 | -$201 |
| $17 (+20%) | -$91 | -$125 | -$165 | -$201 |
Uses QBTS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.