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 $29 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 $33 ยท Jun '26
Qty 1 ยท Premium $3.36 ยท ฮ -0.41
SHORT PUT ยท $31 ยท Jun '26
Qty 1 ยท Premium $2.41 ยท ฮ -0.33
P&L at Expiry
Stock (100 sh)
Bear Put Spread
Now
Target
๐ก Stock vs Options at Target
If RNG hits $29 by Jun 19: the bear put spread returns +$105 (109.8%) on $95 risked, vs $-449 (-13.4%) for 100 shares on $3,349. Options give 8.2ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if RNG is at $29. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if RNG hits $29 by Jun 19
+$105
+109.8% on $95 risked
Max Profit
+$105
If the stock โค $31 at expiry
Max Loss
โ$95
Net debit
Break-even
$32.05
-4.31% from spot
Prob. of Target Hit
64%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-8.32 / -0.15 / 0.4
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%) | +$58 | +$65 | +$79 | +$105 |
| $28 (-15%) | +$44 | +$49 | +$60 | +$105 |
| $29 (-13%) โ target | +$39 | +$44 | +$53 | +$105 |
| $30 (-10%) | +$29 | +$32 | +$37 | +$105 |
| $32 (-5%) | +$15 | +$14 | +$13 | +$23 |
| $33 (-2%) | +$6 | +$3 | -$2 | -$77 |
| $33 (0%) โ spot | +$0 | -$4 | -$12 | -$95 |
| $34 (+2%) | -$5 | -$10 | -$21 | -$95 |
| $35 (+5%) | -$13 | -$20 | -$33 | -$95 |
| $37 (+10%) | -$26 | -$35 | -$52 | -$95 |
| $39 (+15%) | -$37 | -$47 | -$65 | -$95 |
| $40 (+20%) | -$46 | -$58 | -$76 | -$95 |
Uses RNG's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.