Target Price Playground
SWKS
$56.36
๐ข
SWKS IV: 47.4% โ LOW
(-26.3% vs 30d avg of 64.4%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $61 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, sell OTM call for income. Caps upside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $56.36 ยท ฮ 1.00
SHORT CALL ยท $61 ยท Jun '26
Qty 1 ยท Premium $2.92 ยท ฮ 0.4
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If SWKS hits $61 by Jun 19: the covered call returns +$756 (14.2%) on $5,344 risked, vs +$464 (8.2%) for 100 shares on $5,636. Options give 1.7ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if SWKS is at $61. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if SWKS hits $61 by Jun 19
+$756
+14.2% on $5,344 risked
Max Profit
+$756
If the stock โฅ $61 at expiry
Max Loss
โ$5,344
If stock โ $0 (minus premium received)
Break-even
$53.44
-5.18% from spot
Prob. of Target Hit
68%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
59.84 / 3.53 / -9.34
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
| SWKS Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $45 (-20%) | -$869 | -$848 | -$836 | -$835 |
| $48 (-15%) | -$620 | -$584 | -$558 | -$553 |
| $51 (-10%) | -$390 | -$337 | -$290 | -$272 |
| $54 (-5%) | -$182 | -$113 | -$38 | +$10 |
| $55 (-2%) | -$70 | +$8 | +$99 | +$179 |
| $56 (0%) โ spot | -$0 | +$83 | +$183 | +$292 |
| $57 (+2%) | +$65 | +$153 | +$261 | +$405 |
| $59 (+5%) | +$155 | +$248 | +$365 | +$574 |
| $61 (+8%) โ target | +$241 | +$337 | +$460 | +$756 |
| $62 (+10%) | +$284 | +$381 | +$503 | +$756 |
| $65 (+15%) | +$388 | +$483 | +$600 | +$756 |
| $68 (+20%) | +$470 | +$559 | +$662 | +$756 |
Uses SWKS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.