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
Bet on big move in either direction. Two premiums paid.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $5 ยท Jun '26
Qty 1 ยท Premium $0.57 ยท ฮ 0.52
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 Straddle
Now
Target
๐ก Stock vs Options at Target
If SNAP hits $6 by Jun 19: the long straddle returns $-81 (-61.8%) on $131 risked, vs +$68 (14.1%) for 100 shares on $482. Options give 4.4ร 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
$-81
-61.8% on $131 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$131
Both premiums paid
Break-even
$3.69
-23.44% from spot
Prob. of Target Hit
66%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
3.55 / -0.92 / 1.66
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%) | +$15 | +$1 | -$11 | -$17 |
| $4 (-15%) | +$5 | -$11 | -$29 | -$41 |
| $4 (-10%) | -$1 | -$20 | -$42 | -$65 |
| $5 (-5%) | -$4 | -$25 | -$51 | -$89 |
| $5 (-2%) | -$5 | -$26 | -$54 | -$103 |
| $5 (0%) โ spot | -$4 | -$26 | -$55 | -$113 |
| $5 (+2%) | -$3 | -$26 | -$56 | -$123 |
| $5 (+5%) | -$1 | -$24 | -$55 | -$125 |
| $5 (+10%) | +$4 | -$19 | -$49 | -$101 |
| $6 (+14%) โ target | +$11 | -$12 | -$41 | -$81 |
| $6 (+20%) | +$23 | +$1 | -$26 | -$53 |
Uses SNAP's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.