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 $36 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
@ $33.49 ยท ฮ 1.00
SHORT CALL ยท $36 ยท Jun '26
Qty 1 ยท Premium $2.89 ยท ฮ 0.47
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If RNG hits $36 by Jun 19: the covered call returns +$540 (17.6%) on $3,060 risked, vs +$251 (7.5%) for 100 shares on $3,349. Options give 2.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if RNG is at $36. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if RNG hits $36 by Jun 19
+$540
+17.6% on $3,060 risked
Max Profit
+$540
If the stock โฅ $36 at expiry
Max Loss
โ$3,060
If stock โ $0 (minus premium received)
Break-even
$30.60
-8.62% from spot
Prob. of Target Hit
79%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
53.36 / 2.97 / -5.7
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%) | -$452 | -$417 | -$389 | -$381 |
| $28 (-15%) | -$321 | -$276 | -$233 | -$213 |
| $30 (-10%) | -$202 | -$147 | -$87 | -$46 |
| $32 (-5%) | -$95 | -$31 | +$46 | +$122 |
| $33 (-2%) | -$36 | +$32 | +$116 | +$222 |
| $33 (0%) โ spot | +$0 | +$71 | +$160 | +$289 |
| $34 (+2%) | +$35 | +$108 | +$201 | +$356 |
| $35 (+5%) | +$84 | +$159 | +$256 | +$456 |
| $36 (+7%) โ target | +$121 | +$198 | +$297 | +$540 |
| $37 (+10%) | +$156 | +$234 | +$334 | +$540 |
| $39 (+15%) | +$218 | +$296 | +$393 | +$540 |
| $40 (+20%) | +$271 | +$346 | +$437 | +$540 |
Uses RNG's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.