Target Price Playground
REGN
$748.87
๐ข
REGN IV: 38.0% โ LOW
(-45.8% vs 30d avg of 70.0%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $840 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
Moderately bullish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $750 ยท Jun '26
Qty 1 ยท Premium $51.8 ยท ฮ 0.55
SHORT CALL ยท $810 ยท Jun '26
Qty 1 ยท Premium $33.6 ยท ฮ 0.36
P&L at Expiry
Stock (100 sh)
Bull Call Spread
Now
Target
๐ก Stock vs Options at Target
If REGN hits $840 by Jun 19: the bull call spread returns +$4,180 (229.7%) on $1,820 risked, vs +$9,113 (12.2%) for 100 shares on $74,887. Options give 18.8ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if REGN is at $840. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if REGN hits $840 by Jun 19
+$4,180
+229.7% on $1,820 risked
Max Profit
+$4,180
If the stock โฅ $810 at expiry
Max Loss
โ$1,820
Net debit
Break-even
$768.20
+2.58% from spot
Prob. of Target Hit
46%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
18.96 / -6.21 / 9.19
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
| REGN Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $599 (-20%) | -$1,505 | -$1,668 | -$1,798 | -$1,820 |
| $637 (-15%) | -$1,194 | -$1,428 | -$1,704 | -$1,820 |
| $674 (-10%) | -$739 | -$999 | -$1,412 | -$1,820 |
| $711 (-5%) | -$156 | -$369 | -$788 | -$1,820 |
| $734 (-2%) | +$237 | +$86 | -$240 | -$1,820 |
| $749 (0%) โ spot | +$510 | +$410 | +$183 | -$1,820 |
| $764 (+2%) | +$786 | +$744 | +$634 | -$435 |
| $786 (+5%) | +$1,198 | +$1,246 | +$1,327 | +$1,811 |
| $824 (+10%) | +$1,852 | +$2,034 | +$2,389 | +$4,180 |
| $840 (+12%) โ target | +$2,113 | +$2,341 | +$2,774 | +$4,180 |
| $861 (+15%) | +$2,428 | +$2,701 | +$3,189 | +$4,180 |
| $899 (+20%) | +$2,905 | +$3,214 | +$3,691 | +$4,180 |
Uses REGN's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.