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 $4 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
Bearish. Max profit if underlying crashes, capped loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $5 ยท Jun '26
Qty 1 ยท Premium $0.74 ยท ฮ -0.49
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
๐ก Stock vs Options at Target
If SNAP hits $4 by Jun 19: the long put returns +$26 (35.1%) on $74 risked, vs $-82 (-17.0%) for 100 shares on $482. Options give 2.1ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if SNAP is at $4. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if SNAP hits $4 by Jun 19
+$26
+35.1% on $74 risked
Max Profit
+$426
If stock โ $0
Max Loss
โ$74
Premium paid
Break-even
$4.26
-11.62% from spot
Prob. of Target Hit
60%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-48.69 / -0.43 / 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%) | +$54 | +$48 | +$42 | +$40 |
| $4 (-17%) โ target | +$44 | +$37 | +$30 | +$26 |
| $4 (-15%) | +$37 | +$30 | +$21 | +$16 |
| $4 (-10%) | +$22 | +$13 | +$3 | -$8 |
| $5 (-5%) | +$8 | -$1 | -$14 | -$32 |
| $5 (-2%) | +$1 | -$9 | -$22 | -$46 |
| $5 (0%) โ spot | -$4 | -$14 | -$28 | -$56 |
| $5 (+2%) | -$8 | -$19 | -$33 | -$66 |
| $5 (+5%) | -$14 | -$25 | -$39 | -$74 |
| $5 (+10%) | -$23 | -$34 | -$49 | -$74 |
| $6 (+15%) | -$31 | -$42 | -$56 | -$74 |
| $6 (+20%) | -$38 | -$49 | -$61 | -$74 |
Uses SNAP's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.