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
Bearish. Max profit if underlying crashes, capped 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
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
๐ก Stock vs Options at Target
If TENB hits $14 by Jun 19: the long put returns +$40 (25.0%) on $160 risked, vs $-204 (-12.7%) 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 $14. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if TENB hits $14 by Jun 19
+$40
+25.0% on $160 risked
Max Profit
+$1,440
If stock โ $0
Max Loss
โ$160
Premium paid
Break-even
$14.40
-10.22% from spot
Prob. of Target Hit
63%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-45.65 / -1.16 / 2.71
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%) | +$189 | +$174 | +$161 | +$157 |
| $14 (-15%) | +$132 | +$113 | +$91 | +$77 |
| $14 (-13%) โ target | +$108 | +$87 | +$61 | +$40 |
| $14 (-10%) | +$81 | +$58 | +$28 | -$4 |
| $15 (-5%) | +$37 | +$11 | -$24 | -$84 |
| $16 (-2%) | +$14 | -$13 | -$50 | -$132 |
| $16 (0%) โ spot | -$0 | -$28 | -$65 | -$160 |
| $16 (+2%) | -$14 | -$42 | -$79 | -$160 |
| $17 (+5%) | -$32 | -$60 | -$97 | -$160 |
| $18 (+10%) | -$58 | -$85 | -$119 | -$160 |
| $18 (+15%) | -$80 | -$105 | -$135 | -$160 |
| $19 (+20%) | -$97 | -$120 | -$145 | -$160 |
Uses TENB's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.