Target Price Playground
TENB
$16.04
๐ข
TENB IV: 60.0% โ LOW
(-48.5% vs 30d avg of 116.5%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $14 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
Moderately bearish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $16 ยท Jun '26
Qty 1 ยท Premium $1.6 ยท ฮ -0.46
SHORT PUT ยท $15 ยท Jun '26
Qty 1 ยท Premium $1.2 ยท ฮ -0.36
P&L at Expiry
Stock (100 sh)
Bear Put Spread
Now
Target
๐ก Stock vs Options at Target
If TENB hits $14 by Jun 19: the bear put spread returns +$60 (150.0%) on $40 risked, vs $-204 (-12.7%) for 100 shares on $1,604. Options give 11.8ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if TENB is at $14. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if TENB hits $14 by Jun 19
+$60
+150.0% on $40 risked
Max Profit
+$60
If the stock โค $15 at expiry
Max Loss
โ$40
Net debit
Break-even
$15.60
-2.74% from spot
Prob. of Target Hit
63%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-9.39 / -0.03 / 0.1
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
| TENB Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $13 (-20%) | +$39 | +$42 | +$49 | +$60 |
| $14 (-15%) | +$31 | +$34 | +$41 | +$60 |
| $14 (-13%) โ target | +$28 | +$30 | +$36 | +$60 |
| $14 (-10%) | +$24 | +$25 | +$29 | +$60 |
| $15 (-5%) | +$16 | +$16 | +$16 | +$36 |
| $16 (-2%) | +$11 | +$10 | +$9 | -$12 |
| $16 (0%) โ spot | +$8 | +$7 | +$3 | -$40 |
| $16 (+2%) | +$6 | +$3 | -$1 | -$40 |
| $17 (+5%) | +$1 | -$2 | -$8 | -$40 |
| $18 (+10%) | -$5 | -$10 | -$18 | -$40 |
| $18 (+15%) | -$11 | -$16 | -$25 | -$40 |
| $19 (+20%) | -$16 | -$22 | -$31 | -$40 |
Uses TENB's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.