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 $860 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
Bet on big move in either direction. Two premiums paid.
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
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 Straddle
Now
Target
๐ก Stock vs Options at Target
If REGN hits $860 by Jun 19: the long straddle returns +$839 (8.3%) on $10,161 risked, vs +$11,113 (14.8%) for 100 shares on $74,887. Options give 0.6ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if REGN is at $860. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if REGN hits $860 by Jun 19
+$839
+8.3% on $10,161 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$10,161
Both premiums paid
Break-even
$648.39
-13.42% from spot
Prob. of Target Hit
37%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
8.62 / -78.22 / 252.16
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%) | +$5,285 | +$4,912 | +$4,764 | +$4,929 |
| $637 (-15%) | +$2,660 | +$1,872 | +$1,235 | +$1,185 |
| $674 (-10%) | +$766 | -$465 | -$1,788 | -$2,559 |
| $711 (-5%) | -$256 | -$1,839 | -$3,805 | -$6,304 |
| $734 (-2%) | -$422 | -$2,135 | -$4,345 | -$8,550 |
| $749 (0%) โ spot | -$347 | -$2,108 | -$4,396 | -$10,048 |
| $764 (+2%) | -$129 | -$1,904 | -$4,200 | -$8,776 |
| $786 (+5%) | +$454 | -$1,288 | -$3,475 | -$6,530 |
| $824 (+10%) | +$2,043 | +$475 | -$1,312 | -$2,785 |
| $860 (+15%) โ target | +$4,195 | +$2,876 | +$1,563 | +$839 |
| $899 (+20%) | +$7,000 | +$5,965 | +$5,090 | +$4,703 |
Uses REGN's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.