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
Bearish. Max profit if underlying crashes, capped 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
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
๐ก Stock vs Options at Target
If REGN hits $660 by Jun 19: the long put returns +$4,019 (80.7%) on $4,981 risked, vs $-8,887 (-11.9%) for 100 shares on $74,887. Options give 6.8ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if REGN is at $660. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if REGN hits $660 by Jun 19
+$4,019
+80.7% on $4,981 risked
Max Profit
+$70,019
If stock โ $0
Max Loss
โ$4,981
Premium paid
Break-even
$700.19
-6.5% from spot
Prob. of Target Hit
47%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-45.9 / -36.14 / 126.09
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%) | +$9,979 | +$9,893 | +$9,921 | +$10,109 |
| $637 (-15%) | +$6,794 | +$6,501 | +$6,284 | +$6,365 |
| $660 (-12%) โ target | +$4,979 | +$4,546 | +$4,119 | +$4,019 |
| $674 (-10%) | +$3,975 | +$3,461 | +$2,900 | +$2,621 |
| $711 (-5%) | +$1,592 | +$901 | +$19 | -$1,124 |
| $734 (-2%) | +$386 | -$370 | -$1,374 | -$3,370 |
| $749 (0%) โ spot | -$326 | -$1,105 | -$2,148 | -$4,868 |
| $764 (+2%) | -$966 | -$1,753 | -$2,799 | -$4,981 |
| $786 (+5%) | -$1,797 | -$2,567 | -$3,560 | -$4,981 |
| $824 (+10%) | -$2,875 | -$3,559 | -$4,351 | -$4,981 |
| $861 (+15%) | -$3,631 | -$4,185 | -$4,733 | -$4,981 |
| $899 (+20%) | -$4,141 | -$4,557 | -$4,894 | -$4,981 |
Uses REGN's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.