Target Price Playground
RNG
$33.49
๐ข
RNG IV: 52.6% โ LOW
(-54.7% vs 30d avg of 116.0%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $38 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 $33 ยท Jun '26
Qty 1 ยท Premium $4.12 ยท ฮ 0.59
SHORT CALL ยท $36 ยท Jun '26
Qty 1 ยท Premium $2.89 ยท ฮ 0.47
P&L at Expiry
Stock (100 sh)
Bull Call Spread
Now
Target
๐ก Stock vs Options at Target
If RNG hits $38 by Jun 19: the bull call spread returns +$177 (143.1%) on $123 risked, vs +$451 (13.5%) for 100 shares on $3,349. Options give 10.6ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if RNG is at $38. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if RNG hits $38 by Jun 19
+$177
+143.1% on $123 risked
Max Profit
+$177
If the stock โฅ $36 at expiry
Max Loss
โ$123
Net debit
Break-even
$34.23
+2.22% from spot
Prob. of Target Hit
63%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
12.18 / 0.02 / -0.12
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
| RNG Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $27 (-20%) | -$76 | -$87 | -$106 | -$123 |
| $28 (-15%) | -$59 | -$69 | -$89 | -$123 |
| $30 (-10%) | -$40 | -$48 | -$65 | -$123 |
| $32 (-5%) | -$20 | -$24 | -$35 | -$123 |
| $33 (-2%) | -$8 | -$9 | -$16 | -$123 |
| $33 (0%) โ spot | +$0 | +$0 | -$2 | -$74 |
| $34 (+2%) | +$9 | +$10 | +$12 | -$7 |
| $35 (+5%) | +$21 | +$25 | +$32 | +$93 |
| $37 (+10%) | +$40 | +$49 | +$65 | +$177 |
| $38 (+13%) โ target | +$53 | +$64 | +$85 | +$177 |
| $39 (+15%) | +$58 | +$70 | +$93 | +$177 |
| $40 (+20%) | +$75 | +$90 | +$117 | +$177 |
Uses RNG's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.