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 $810 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
@ $748.87 ยท ฮ 1.00
SHORT CALL ยท $810 ยท Jun '26
Qty 1 ยท Premium $33.6 ยท ฮ 0.36
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If REGN hits $810 by Jun 19: the covered call returns +$9,473 (13.2%) on $71,527 risked, vs +$6,113 (8.2%) for 100 shares on $74,887. Options give 1.6ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if REGN is at $810. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if REGN hits $810 by Jun 19
+$9,473
+13.2% on $71,527 risked
Max Profit
+$9,473
If the stock โฅ $810 at expiry
Max Loss
โ$71,527
If stock โ $0 (minus premium received)
Break-even
$715.27
-4.49% from spot
Prob. of Target Hit
62%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
64.45 / 35.87 / -116.88
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%) | -$11,788 | -$11,664 | -$11,619 | -$11,617 |
| $637 (-15%) | -$8,293 | -$8,032 | -$7,888 | -$7,873 |
| $674 (-10%) | -$5,018 | -$4,563 | -$4,213 | -$4,129 |
| $711 (-5%) | -$2,052 | -$1,374 | -$707 | -$384 |
| $734 (-2%) | -$453 | +$353 | +$1,234 | +$1,862 |
| $749 (0%) โ spot | +$531 | +$1,413 | +$2,430 | +$3,360 |
| $764 (+2%) | +$1,447 | +$2,394 | +$3,533 | +$4,858 |
| $786 (+5%) | +$2,690 | +$3,710 | +$4,986 | +$7,104 |
| $810 (+8%) โ target | +$3,834 | +$4,895 | +$6,242 | +$9,473 |
| $824 (+10%) | +$4,422 | +$5,490 | +$6,839 | +$9,473 |
| $861 (+15%) | +$5,755 | +$6,784 | +$8,022 | +$9,473 |
| $899 (+20%) | +$6,741 | +$7,669 | +$8,685 | +$9,473 |
Uses REGN's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.