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 $18 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 bullish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $16 ยท Jun '26
Qty 1 ยท Premium $2.2 ยท ฮ 0.55
SHORT CALL ยท $18 ยท Jun '26
Qty 1 ยท Premium $1.18 ยท ฮ 0.43
P&L at Expiry
Stock (100 sh)
Bull Call Spread
Now
Target
๐ก Stock vs Options at Target
If TENB hits $18 by Jun 19: the bull call spread returns +$48 (46.9%) on $102 risked, vs +$196 (12.2%) for 100 shares on $1,604. Options give 3.8ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if TENB is at $18. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if TENB hits $18 by Jun 19
+$48
+46.9% on $102 risked
Max Profit
+$48
If the stock โฅ $18 at expiry
Max Loss
โ$102
Net debit
Break-even
$17.02
+6.12% from spot
Prob. of Target Hit
64%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
11.24 / 0.02 / 0.0
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%) | -$82 | -$88 | -$96 | -$102 |
| $14 (-15%) | -$74 | -$79 | -$89 | -$102 |
| $14 (-10%) | -$64 | -$69 | -$78 | -$102 |
| $15 (-5%) | -$54 | -$57 | -$64 | -$102 |
| $16 (-2%) | -$47 | -$49 | -$54 | -$102 |
| $16 (0%) โ spot | -$43 | -$44 | -$47 | -$98 |
| $16 (+2%) | -$39 | -$39 | -$39 | -$66 |
| $17 (+5%) | -$32 | -$31 | -$29 | -$18 |
| $18 (+10%) | -$22 | -$18 | -$11 | +$48 |
| $18 (+12%) โ target | -$18 | -$13 | -$4 | +$48 |
| $18 (+15%) | -$12 | -$6 | +$4 | +$48 |
| $19 (+20%) | -$3 | +$4 | +$17 | +$48 |
Uses TENB's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.