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 $39 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
Bet on big move in either direction. Two premiums paid.
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
LONG PUT ยท $33 ยท Jun '26
Qty 1 ยท Premium $3.36 ยท ฮ -0.41
P&L at Expiry
Stock (100 sh)
Long Straddle
Now
Target
๐ก Stock vs Options at Target
If RNG hits $39 by Jun 19: the long straddle returns $-148 (-19.8%) on $748 risked, vs +$551 (16.5%) for 100 shares on $3,349. Options give 1.2ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if RNG is at $39. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if RNG hits $39 by Jun 19
$-148
-19.8% on $748 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$748
Both premiums paid
Break-even
$40.48
+20.87% from spot
Prob. of Target Hit
56%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
17.63 / -5.49 / 11.17
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%) | +$81 | -$1 | -$86 | -$127 |
| $28 (-15%) | +$22 | -$80 | -$197 | -$295 |
| $30 (-10%) | -$11 | -$128 | -$274 | -$462 |
| $32 (-5%) | -$18 | -$146 | -$311 | -$630 |
| $33 (-2%) | -$10 | -$142 | -$313 | -$730 |
| $33 (0%) โ spot | +$0 | -$133 | -$307 | -$699 |
| $34 (+2%) | +$14 | -$120 | -$293 | -$632 |
| $35 (+5%) | +$41 | -$93 | -$263 | -$532 |
| $37 (+10%) | +$102 | -$27 | -$184 | -$364 |
| $39 (+15%) | +$182 | +$60 | -$79 | -$197 |
| $39 (+16%) โ target | +$208 | +$90 | -$44 | -$148 |
| $40 (+20%) | +$278 | +$166 | +$47 | -$29 |
Uses RNG's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.