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
Bearish. Max profit if underlying crashes, capped 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
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
๐ก Stock vs Options at Target
If SNPS hits $345 by Jun 19: the long put returns +$1,703 (60.9%) on $2,797 risked, vs $-4,724 (-12.0%) for 100 shares on $39,224. Options give 5.1ร 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
+$1,703
+60.9% on $2,797 risked
Max Profit
+$36,203
If stock โ $0
Max Loss
โ$2,797
Premium paid
Break-even
$362.03
-7.7% from spot
Prob. of Target Hit
56%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-43.09 / -23.93 / 65.72
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%) | +$5,070 | +$4,895 | +$4,775 | +$4,824 |
| $333 (-15%) | +$3,543 | +$3,249 | +$2,955 | +$2,863 |
| $345 (-12%) โ target | +$2,724 | +$2,364 | +$1,958 | +$1,703 |
| $353 (-10%) | +$2,199 | +$1,797 | +$1,316 | +$901 |
| $373 (-5%) | +$1,055 | +$575 | -$50 | -$1,060 |
| $384 (-2%) | +$465 | -$42 | -$716 | -$2,237 |
| $392 (0%) โ spot | +$110 | -$406 | -$1,094 | -$2,797 |
| $400 (+2%) | -$214 | -$733 | -$1,419 | -$2,797 |
| $412 (+5%) | -$646 | -$1,158 | -$1,817 | -$2,797 |
| $431 (+10%) | -$1,236 | -$1,709 | -$2,274 | -$2,797 |
| $451 (+15%) | -$1,683 | -$2,096 | -$2,537 | -$2,797 |
| $471 (+20%) | -$2,015 | -$2,358 | -$2,676 | -$2,797 |
Uses SNPS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.