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 $6 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
@ $4.82 ยท ฮ 1.00
LONG PUT ยท $5 ยท Jun '26
Qty 1 ยท Premium $0.44 ยท ฮ -0.34
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If SNAP hits $6 by Jun 19: the protective put returns +$24 (4.6%) on $526 risked, vs +$68 (14.1%) for 100 shares on $482. Options give 0.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if SNAP is at $6. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if SNAP hits $6 by Jun 19
+$24
+4.6% on $526 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$76
Put floors you at $4
Break-even
$5.26
+9.08% from spot
Prob. of Target Hit
66%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
65.51 / -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%) | -$51 | -$58 | -$68 | -$76 |
| $4 (-15%) | -$41 | -$49 | -$60 | -$76 |
| $4 (-10%) | -$29 | -$38 | -$51 | -$76 |
| $5 (-5%) | -$15 | -$25 | -$38 | -$68 |
| $5 (-2%) | -$7 | -$17 | -$29 | -$54 |
| $5 (0%) โ spot | -$0 | -$10 | -$23 | -$44 |
| $5 (+2%) | +$6 | -$3 | -$16 | -$34 |
| $5 (+5%) | +$16 | +$7 | -$5 | -$20 |
| $5 (+10%) | +$34 | +$25 | +$14 | +$4 |
| $6 (+14%) โ target | +$49 | +$41 | +$31 | +$24 |
| $6 (+20%) | +$72 | +$64 | +$56 | +$52 |
Uses SNAP's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.