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
Own stock, sell OTM call for income. Caps upside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $16.04 ยท ฮ 1.00
SHORT CALL ยท $18 ยท Jun '26
Qty 1 ยท Premium $1.18 ยท ฮ 0.43
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If TENB hits $18 by Jun 19: the covered call returns +$264 (17.8%) on $1,486 risked, vs +$146 (9.1%) for 100 shares on $1,604. Options give 2.0ร 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
+$264
+17.8% on $1,486 risked
Max Profit
+$264
If the stock โฅ $18 at expiry
Max Loss
โ$1,486
If stock โ $0 (minus premium received)
Break-even
$14.86
-7.35% from spot
Prob. of Target Hit
73%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
56.55 / 1.32 / -2.7
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
| TENB Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $13 (-20%) | -$228 | -$215 | -$205 | -$203 |
| $14 (-15%) | -$163 | -$145 | -$129 | -$123 |
| $14 (-10%) | -$102 | -$79 | -$55 | -$42 |
| $15 (-5%) | -$48 | -$20 | +$11 | +$38 |
| $16 (-2%) | -$18 | +$12 | +$48 | +$86 |
| $16 (0%) โ spot | +$0 | +$32 | +$70 | +$118 |
| $16 (+2%) | +$18 | +$50 | +$91 | +$150 |
| $17 (+5%) | +$42 | +$76 | +$120 | +$198 |
| $18 (+9%) โ target | +$73 | +$108 | +$153 | +$264 |
| $18 (+15%) | +$111 | +$146 | +$191 | +$264 |
| $19 (+20%) | +$137 | +$171 | +$214 | +$264 |
Uses TENB's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.