Target Price Playground
SNPS
$392.24
๐ข
SNPS IV: 46.9% โ LOW
(-41.2% vs 30d avg of 79.8%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $440 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
Moderately bullish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $390 ยท Jun '26
Qty 1 ยท Premium $36.0 ยท ฮ 0.57
SHORT CALL ยท $425 ยท Jun '26
Qty 1 ยท Premium $20.53 ยท ฮ 0.4
P&L at Expiry
Stock (100 sh)
Bull Call Spread
Now
Target
๐ก Stock vs Options at Target
If SNPS hits $440 by Jun 19: the bull call spread returns +$1,953 (126.2%) on $1,547 risked, vs +$4,776 (12.2%) for 100 shares on $39,224. Options give 10.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if SNPS is at $440. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if SNPS hits $440 by Jun 19
+$1,953
+126.2% on $1,547 risked
Max Profit
+$1,953
If the stock โฅ $425 at expiry
Max Loss
โ$1,547
Net debit
Break-even
$405.47
+3.37% from spot
Prob. of Target Hit
55%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
17.04 / -1.59 / 0.71
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
| SNPS Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $314 (-20%) | -$1,228 | -$1,353 | -$1,494 | -$1,547 |
| $333 (-15%) | -$1,024 | -$1,168 | -$1,382 | -$1,547 |
| $353 (-10%) | -$767 | -$902 | -$1,149 | -$1,547 |
| $373 (-5%) | -$469 | -$565 | -$771 | -$1,547 |
| $384 (-2%) | -$277 | -$338 | -$482 | -$1,547 |
| $392 (0%) โ spot | -$148 | -$182 | -$273 | -$1,323 |
| $400 (+2%) | -$17 | -$24 | -$56 | -$539 |
| $412 (+5%) | +$177 | +$213 | +$273 | +$638 |
| $431 (+10%) | +$487 | +$589 | +$784 | +$1,953 |
| $440 (+12%) โ target | +$614 | +$740 | +$979 | +$1,953 |
| $451 (+15%) | +$770 | +$922 | +$1,201 | +$1,953 |
| $471 (+20%) | +$1,018 | +$1,199 | +$1,503 | +$1,953 |
Uses SNPS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.