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 $660 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 bearish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $750 ยท Jun '26
Qty 1 ยท Premium $49.81 ยท ฮ -0.46
SHORT PUT ยท $690 ยท Jun '26
Qty 1 ยท Premium $26.18 ยท ฮ -0.28
P&L at Expiry
Stock (100 sh)
Bear Put Spread
Now
Target
๐ก Stock vs Options at Target
If REGN hits $660 by Jun 19: the bear put spread returns +$3,637 (153.9%) on $2,363 risked, vs $-8,887 (-11.9%) for 100 shares on $74,887. Options give 12.9ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if REGN is at $660. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if REGN hits $660 by Jun 19
+$3,637
+153.9% on $2,363 risked
Max Profit
+$3,637
If the stock โค $690 at expiry
Max Loss
โ$2,363
Net debit
Break-even
$726.37
-3.0% from spot
Prob. of Target Hit
47%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-17.6 / -3.53 / 21.82
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%) | +$2,823 | +$3,088 | +$3,433 | +$3,637 |
| $637 (-15%) | +$2,274 | +$2,540 | +$2,991 | +$3,637 |
| $660 (-12%) โ target | +$1,860 | +$2,081 | +$2,502 | +$3,637 |
| $674 (-10%) | +$1,595 | +$1,774 | +$2,132 | +$3,637 |
| $711 (-5%) | +$854 | +$885 | +$952 | +$1,494 |
| $734 (-2%) | +$412 | +$347 | +$210 | -$752 |
| $749 (0%) โ spot | +$127 | +$3 | -$255 | -$2,250 |
| $764 (+2%) | -$145 | -$322 | -$678 | -$2,363 |
| $786 (+5%) | -$524 | -$762 | -$1,212 | -$2,363 |
| $824 (+10%) | -$1,064 | -$1,353 | -$1,821 | -$2,363 |
| $861 (+15%) | -$1,482 | -$1,766 | -$2,140 | -$2,363 |
| $899 (+20%) | -$1,787 | -$2,030 | -$2,282 | -$2,363 |
Uses REGN's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.