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 $32 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
Buy a longer-dated put, sell a shorter-dated OTM put. Profits from time decay + a moderate drop.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $33 ยท Jul '26
Qty 1 ยท Premium $4.0 ยท ฮ -0.4
SHORT PUT ยท $32 ยท Jun '26
Qty 1 ยท Premium $2.86 ยท ฮ -0.37
P&L at Expiry
Stock (100 sh)
Diagonal Put Spread
Now
Target
๐ก Stock vs Options at Target
If RNG hits $32 by Jun 19: the diagonal put spread returns +$169 (148.6%) on $114 risked, vs $-149 (-4.4%) for 100 shares on $3,349. Options give 33.8ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if RNG is at $32. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if RNG hits $32 by Jun 19
+$169
+148.6% on $114 risked
Max Profit
+$169
If the stock price is favorable
Max Loss
โ$95
Worst-case within chart range
Break-even
$36.43
+8.77% from spot
Prob. of Target Hit
88%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-3.23 / 0.4 / 1.19
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%) | +$6 | +$14 | +$23 | +$10 |
| $28 (-15%) | +$8 | +$18 | +$34 | +$43 |
| $30 (-10%) | +$7 | +$19 | +$40 | +$93 |
| $32 (-4%) โ target | +$4 | +$16 | +$39 | +$170 |
| $33 (-2%) | +$2 | +$14 | +$36 | +$129 |
| $33 (0%) โ spot | +$0 | +$11 | +$32 | +$99 |
| $34 (+2%) | -$2 | +$8 | +$27 | +$72 |
| $35 (+5%) | -$6 | +$3 | +$19 | +$37 |
| $37 (+10%) | -$13 | -$7 | +$2 | -$10 |
| $39 (+15%) | -$21 | -$18 | -$16 | -$44 |
| $40 (+20%) | -$30 | -$29 | -$33 | -$68 |
Uses RNG's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.