Target Price Playground
SNAP
$4.82
๐ข
SNAP IV: 70.9% โ LOW
(-32.3% vs 30d avg of 104.8%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $5 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
Sell OTM put for premium; get assigned if price drops.
๐ฏ Target
67d from today
โ๏ธ Legs
SHORT PUT ยท $5 ยท Jun '26
Qty 1 ยท Premium $0.44 ยท ฮ -0.34
P&L at Expiry
Stock (100 sh)
Cash-Secured Put
Now
Target
๐ก Stock vs Options at Target
If SNAP hits $5 by Jun 19: the cash-secured put returns +$44 (10.8%) on $-44 credit (max loss $406), vs +$18 (3.7%) for 100 shares on $482. Options give 2.9ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if SNAP is at $5. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if SNAP hits $5 by Jun 19
+$44
+10.8% on $406 max loss
Max Profit
+$44
If the stock โฅ $4 at expiry
Max Loss
โ$406
If stock โ $0 after assignment
Break-even
$4.06
-15.72% from spot
Prob. of Target Hit
91%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
34.49 / 0.41 / -0.76
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
| SNAP Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $4 (-20%) | -$45 | -$38 | -$28 | -$20 |
| $4 (-15%) | -$31 | -$23 | -$12 | +$4 |
| $4 (-10%) | -$19 | -$10 | +$3 | +$28 |
| $5 (-5%) | -$9 | +$1 | +$14 | +$44 |
| $5 (-2%) | -$3 | +$7 | +$19 | +$44 |
| $5 (0%) โ spot | +$0 | +$10 | +$23 | +$44 |
| $5 (+2%) | +$4 | +$13 | +$26 | +$44 |
| $5 (+4%) โ target | +$6 | +$16 | +$28 | +$44 |
| $5 (+5%) | +$8 | +$17 | +$29 | +$44 |
| $5 (+10%) | +$14 | +$23 | +$34 | +$44 |
| $6 (+15%) | +$20 | +$28 | +$38 | +$44 |
| $6 (+20%) | +$24 | +$32 | +$40 | +$44 |
Uses SNAP's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.