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 $430 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
@ $392.24 ยท ฮ 1.00
LONG PUT ยท $375 ยท Jun '26
Qty 1 ยท Premium $22.0 ยท ฮ -0.36
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If SNPS hits $430 by Jun 19: the protective put returns +$1,576 (3.8%) on $41,424 risked, vs +$3,776 (9.6%) for 100 shares on $39,224. Options give 0.4ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if SNPS is at $430. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if SNPS hits $430 by Jun 19
+$1,576
+3.8% on $41,424 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$3,924
Put floors you at $375
Break-even
$414.24
+5.61% from spot
Prob. of Target Hit
64%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
64.15 / -20.36 / 62.78
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%) | -$3,440 | -$3,682 | -$3,900 | -$3,924 |
| $333 (-15%) | -$2,887 | -$3,243 | -$3,649 | -$3,924 |
| $353 (-10%) | -$2,130 | -$2,574 | -$3,143 | -$3,924 |
| $373 (-5%) | -$1,165 | -$1,657 | -$2,311 | -$3,924 |
| $384 (-2%) | -$488 | -$988 | -$1,648 | -$2,984 |
| $392 (0%) โ spot | -$0 | -$496 | -$1,141 | -$2,200 |
| $400 (+2%) | +$517 | +$31 | -$588 | -$1,416 |
| $412 (+5%) | +$1,343 | +$881 | +$320 | -$239 |
| $430 (+10%) โ target | +$2,722 | +$2,313 | +$1,865 | +$1,576 |
| $451 (+15%) | +$4,458 | +$4,123 | +$3,808 | +$3,684 |
| $471 (+20%) | +$6,173 | +$5,908 | +$5,698 | +$5,645 |
Uses SNPS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.