Target Price Playground
๐ Strategy
๐ฏ Target
โ๏ธ Legs
๐ก Stock vs Options at Target
If RAMP hits $27 by Jun 19: the cash-secured put returns +$97 (4.3%) on $-97 credit (max loss $2,253), vs +$125 (4.9%) for 100 shares on $2,575. Options give 0.9ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if RAMP is at $27. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
๐ Notes for each mode (not shown on real page)
Reprices legs at (target_price, target_date) via Black-Scholes. Works on existing BS service. Simplest mode โ ship first.
Uses our historical options chains to replay this exact strategy over past expirations. Needs: date picker, "rolling every N days", cumulative P&L chart.
"Run this strategy on every BUY-rated stock with score โฅ 80 for last 90d." Reuses score_backtest pipeline + strategy overlay.
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
| RAMP Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $21 (-20%) | -$246 | -$226 | -$204 | -$193 |
| $22 (-15%) | -$163 | -$137 | -$104 | -$64 |
| $23 (-10%) | -$95 | -$65 | -$25 | +$65 |
| $24 (-5%) | -$42 | -$11 | +$29 | +$97 |
| $25 (-2%) | -$16 | +$14 | +$51 | +$97 |
| $26 (0%) โ spot | -$0 | +$28 | +$62 | +$97 |
| $26 (+2%) | +$13 | +$40 | +$71 | +$97 |
| $27 (+5%) โ target | +$29 | +$54 | +$81 | +$97 |
| $28 (+10%) | +$52 | +$72 | +$90 | +$97 |
| $30 (+15%) | +$67 | +$83 | +$94 | +$97 |
| $31 (+20%) | +$78 | +$89 | +$96 | +$97 |