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 $450 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 $390 ยท Jun '26
Qty 1 ยท Premium $36.0 ยท ฮ 0.57
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 Straddle
Now
Target
๐ก Stock vs Options at Target
If SNPS hits $450 by Jun 19: the long straddle returns $-397 (-6.2%) on $6,397 risked, vs +$5,776 (14.7%) 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 $450. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if SNPS hits $450 by Jun 19
$-397
-6.2% on $6,397 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$6,397
Both premiums paid
Break-even
$453.97
+15.74% from spot
Prob. of Target Hit
47%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
14.09 / -50.36 / 131.42
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%) | +$2,036 | +$1,581 | +$1,236 | +$1,224 |
| $333 (-15%) | +$943 | +$250 | -$442 | -$737 |
| $353 (-10%) | +$217 | -$692 | -$1,758 | -$2,699 |
| $373 (-5%) | -$110 | -$1,174 | -$2,530 | -$4,660 |
| $384 (-2%) | -$113 | -$1,232 | -$2,685 | -$5,837 |
| $392 (0%) โ spot | -$37 | -$1,175 | -$2,656 | -$6,173 |
| $400 (+2%) | +$99 | -$1,045 | -$2,523 | -$5,389 |
| $412 (+5%) | +$411 | -$718 | -$2,142 | -$4,212 |
| $431 (+10%) | +$1,193 | +$141 | -$1,094 | -$2,251 |
| $450 (+15%) โ target | +$2,194 | +$1,256 | +$255 | -$397 |
| $471 (+20%) | +$3,556 | +$2,766 | +$2,024 | +$1,672 |
Uses SNPS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.