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
Bullish. Unlimited upside, capped loss = premium 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
P&L at Expiry
Stock (100 sh)
Long Call
Now
Target
๐ก Stock vs Options at Target
If SNPS hits $440 by Jun 19: the long call returns +$1,400 (38.9%) on $3,600 risked, vs +$4,776 (12.2%) for 100 shares on $39,224. Options give 3.2ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if SNPS is at $440. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if SNPS hits $440 by Jun 19
+$1,400
+38.9% on $3,600 risked
Max Profit
Unlimited
Unlimited upside
Max Loss
โ$3,600
Premium paid
Break-even
$426.00
+8.61% from spot
Prob. of Target Hit
55%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
57.18 / -26.43 / 65.7
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%) | -$3,034 | -$3,314 | -$3,539 | -$3,600 |
| $333 (-15%) | -$2,600 | -$2,999 | -$3,397 | -$3,600 |
| $353 (-10%) | -$1,981 | -$2,489 | -$3,074 | -$3,600 |
| $373 (-5%) | -$1,164 | -$1,749 | -$2,480 | -$3,600 |
| $384 (-2%) | -$578 | -$1,190 | -$1,969 | -$3,600 |
| $392 (0%) โ spot | -$148 | -$769 | -$1,562 | -$3,376 |
| $400 (+2%) | +$312 | -$312 | -$1,104 | -$2,592 |
| $412 (+5%) | +$1,057 | +$440 | -$325 | -$1,415 |
| $431 (+10%) | +$2,428 | +$1,850 | +$1,180 | +$546 |
| $440 (+12%) โ target | +$3,071 | +$2,518 | +$1,900 | +$1,400 |
| $451 (+15%) | +$3,942 | +$3,425 | +$2,878 | +$2,508 |
| $471 (+20%) | +$5,572 | +$5,124 | +$4,700 | +$4,469 |
Uses SNPS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.