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
Bullish. Unlimited upside, capped loss = premium 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
P&L at Expiry
Stock (100 sh)
Long Call
Now
Target
๐ก Stock vs Options at Target
If QBTS hits $16 by Jun 19: the long call returns $-29 (-12.7%) on $229 risked, vs +$175 (12.3%) for 100 shares on $1,425. Options give 1.0ร 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
$-29
-12.7% on $229 risked
Max Profit
Unlimited
Unlimited upside
Max Loss
โ$229
Premium paid
Break-even
$16.29
+14.32% from spot
Prob. of Target Hit
75%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
60.21 / -1.66 / 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%) | -$135 | -$165 | -$200 | -$229 |
| $12 (-15%) | -$106 | -$140 | -$181 | -$229 |
| $13 (-10%) | -$72 | -$109 | -$156 | -$229 |
| $14 (-5%) | -$35 | -$74 | -$124 | -$229 |
| $14 (-2%) | -$11 | -$51 | -$103 | -$229 |
| $14 (0%) โ spot | +$6 | -$34 | -$86 | -$204 |
| $15 (+2%) | +$24 | -$17 | -$69 | -$175 |
| $15 (+5%) | +$51 | +$10 | -$42 | -$133 |
| $16 (+10%) | +$99 | +$59 | +$8 | -$61 |
| $16 (+12%) โ target | +$122 | +$81 | +$32 | -$29 |
| $16 (+15%) | +$150 | +$110 | +$62 | +$10 |
| $17 (+20%) | +$203 | +$165 | +$121 | +$81 |
Uses QBTS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.