Target Price Playground
QTWO
$45.87
๐ข
QTWO IV: 57.6% โ LOW
(-34.7% vs 30d avg of 88.2%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $50 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
Own stock, sell OTM call for income. Caps upside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $45.87 ยท ฮ 1.00
SHORT CALL ยท $50 ยท Jun '26
Qty 1 ยท Premium $3.06 ยท ฮ 0.42
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If QTWO hits $50 by Jun 19: the covered call returns +$719 (16.8%) on $4,281 risked, vs +$413 (9.0%) for 100 shares on $4,587. Options give 1.9ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if QTWO is at $50. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if QTWO hits $50 by Jun 19
+$719
+16.8% on $4,281 risked
Max Profit
+$719
If the stock โฅ $50 at expiry
Max Loss
โ$4,281
If stock โ $0 (minus premium received)
Break-even
$42.81
-6.66% from spot
Prob. of Target Hit
72%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
57.64 / 3.51 / -7.7
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
| QTWO Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $37 (-20%) | -$667 | -$636 | -$615 | -$611 |
| $39 (-15%) | -$476 | -$431 | -$394 | -$382 |
| $41 (-10%) | -$300 | -$241 | -$182 | -$153 |
| $44 (-5%) | -$141 | -$68 | +$13 | +$77 |
| $45 (-2%) | -$54 | +$25 | +$119 | +$214 |
| $46 (0%) โ spot | +$0 | +$84 | +$185 | +$306 |
| $47 (+2%) | +$52 | +$139 | +$247 | +$398 |
| $48 (+5%) | +$123 | +$214 | +$330 | +$535 |
| $50 (+9%) โ target | +$209 | +$304 | +$424 | +$719 |
| $50 (+10%) | +$229 | +$324 | +$445 | +$719 |
| $53 (+15%) | +$318 | +$413 | +$532 | +$719 |
| $55 (+20%) | +$392 | +$484 | +$594 | +$719 |
Uses QTWO's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.