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 $17 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
Bet on big move in either direction. Two premiums paid.
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
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 Straddle
Now
Target
๐ก Stock vs Options at Target
If QBTS hits $17 by Jun 19: the long straddle returns $-180 (-41.9%) on $430 risked, vs +$225 (15.8%) for 100 shares on $1,425. Options give 2.7ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if QBTS is at $17. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if QBTS hits $17 by Jun 19
$-180
-41.9% on $430 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$430
Both premiums paid
Break-even
$18.30
+28.42% from spot
Prob. of Target Hit
68%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
20.16 / -3.18 / 4.75
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%) | +$7 | -$50 | -$116 | -$170 |
| $12 (-15%) | -$6 | -$70 | -$150 | -$241 |
| $13 (-10%) | -$11 | -$81 | -$171 | -$313 |
| $14 (-5%) | -$7 | -$82 | -$179 | -$384 |
| $14 (-2%) | -$2 | -$78 | -$177 | -$426 |
| $14 (0%) โ spot | +$4 | -$73 | -$174 | -$405 |
| $15 (+2%) | +$10 | -$67 | -$168 | -$376 |
| $15 (+5%) | +$22 | -$56 | -$156 | -$334 |
| $16 (+10%) | +$47 | -$31 | -$128 | -$262 |
| $17 (+16%) โ target | +$82 | +$7 | -$84 | -$180 |
| $17 (+20%) | +$113 | +$40 | -$45 | -$120 |
Uses QBTS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.