Target Price Playground
SNAP
$4.82
๐ข
SNAP IV: 74.7% โ LOW
(-28.7% 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
Own stock, sell OTM call for income. Caps upside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $4.82 ยท ฮ 1.00
SHORT CALL ยท $5 ยท Jun '26
Qty 1 ยท Premium $0.57 ยท ฮ 0.52
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If SNAP hits $5 by Jun 19: the covered call returns +$75 (17.6%) on $425 risked, vs +$18 (3.7%) for 100 shares on $482. Options give 4.8ร 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
+$75
+17.6% on $425 risked
Max Profit
+$75
If the stock โฅ $5 at expiry
Max Loss
โ$425
If stock โ $0 (minus premium received)
Break-even
$4.25
-11.83% from spot
Prob. of Target Hit
91%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
47.77 / 0.5 / -0.83
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%) | -$57 | -$50 | -$42 | -$39 |
| $4 (-15%) | -$40 | -$31 | -$22 | -$15 |
| $4 (-10%) | -$25 | -$15 | -$3 | +$9 |
| $5 (-5%) | -$11 | -$0 | +$13 | +$33 |
| $5 (-2%) | -$4 | +$7 | +$22 | +$47 |
| $5 (0%) โ spot | +$1 | +$12 | +$27 | +$57 |
| $5 (+2%) | +$5 | +$17 | +$33 | +$67 |
| $5 (+4%) โ target | +$9 | +$21 | +$36 | +$75 |
| $5 (+5%) | +$11 | +$23 | +$39 | +$75 |
| $5 (+10%) | +$20 | +$33 | +$48 | +$75 |
| $6 (+15%) | +$28 | +$40 | +$55 | +$75 |
| $6 (+20%) | +$35 | +$47 | +$61 | +$75 |
Uses SNAP's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.