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 $37 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 + buy put as insurance against downside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $33.49 ยท ฮ 1.00
LONG PUT ยท $32 ยท Jun '26
Qty 1 ยท Premium $2.86 ยท ฮ -0.37
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If RNG hits $37 by Jun 19: the protective put returns +$65 (1.8%) on $3,635 risked, vs +$351 (10.5%) for 100 shares on $3,349. Options give 0.2ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if RNG is at $37. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if RNG hits $37 by Jun 19
+$65
+1.8% on $3,635 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$435
Put floors you at $32
Break-even
$36.35
+8.54% from spot
Prob. of Target Hit
71%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
62.99 / -2.48 / 5.42
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%) | -$322 | -$363 | -$408 | -$435 |
| $28 (-15%) | -$261 | -$311 | -$371 | -$435 |
| $30 (-10%) | -$187 | -$243 | -$315 | -$435 |
| $32 (-5%) | -$99 | -$159 | -$238 | -$435 |
| $33 (-2%) | -$41 | -$102 | -$181 | -$353 |
| $33 (0%) โ spot | +$0 | -$60 | -$140 | -$286 |
| $34 (+2%) | +$43 | -$17 | -$95 | -$219 |
| $35 (+5%) | +$111 | +$52 | -$23 | -$119 |
| $37 (+10%) โ target | +$244 | +$188 | +$123 | +$65 |
| $39 (+15%) | +$361 | +$310 | +$253 | +$216 |
| $40 (+20%) | +$498 | +$452 | +$406 | +$384 |
Uses RNG's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.