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 $345 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 bearish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $390 ยท Jun '26
Qty 1 ยท Premium $27.97 ยท ฮ -0.43
SHORT PUT ยท $360 ยท Jun '26
Qty 1 ยท Premium $14.5 ยท ฮ -0.3
P&L at Expiry
Stock (100 sh)
Bear Put Spread
Now
Target
๐ก Stock vs Options at Target
If SNPS hits $345 by Jun 19: the bear put spread returns +$1,653 (122.7%) on $1,347 risked, vs $-4,724 (-12.0%) for 100 shares on $39,224. Options give 10.2ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if SNPS is at $345. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if SNPS hits $345 by Jun 19
+$1,653
+122.7% on $1,347 risked
Max Profit
+$1,653
If the stock โค $360 at expiry
Max Loss
โ$1,347
Net debit
Break-even
$376.53
-4.01% from spot
Prob. of Target Hit
56%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-13.47 / -1.59 / 10.87
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%) | +$1,101 | +$1,233 | +$1,442 | +$1,653 |
| $333 (-15%) | +$843 | +$955 | +$1,168 | +$1,653 |
| $345 (-12%) โ target | +$674 | +$759 | +$936 | +$1,653 |
| $353 (-10%) | +$552 | +$615 | +$751 | +$1,653 |
| $373 (-5%) | +$249 | +$247 | +$251 | +$390 |
| $384 (-2%) | +$69 | +$29 | -$52 | -$787 |
| $392 (0%) โ spot | -$46 | -$112 | -$244 | -$1,347 |
| $400 (+2%) | -$158 | -$246 | -$421 | -$1,347 |
| $412 (+5%) | -$317 | -$432 | -$655 | -$1,347 |
| $431 (+10%) | -$552 | -$698 | -$951 | -$1,347 |
| $451 (+15%) | -$748 | -$904 | -$1,139 | -$1,347 |
| $471 (+20%) | -$906 | -$1,055 | -$1,246 | -$1,347 |
Uses SNPS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.