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 + buy put as insurance against downside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $16.04 ยท ฮ 1.00
LONG PUT ยท $15 ยท Jun '26
Qty 1 ยท Premium $1.2 ยท ฮ -0.36
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If TENB hits $18 by Jun 19: the protective put returns +$26 (1.5%) on $1,724 risked, vs +$146 (9.1%) for 100 shares on $1,604. Options give 0.2ร 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
+$26
+1.5% on $1,724 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$224
Put floors you at $15
Break-even
$17.24
+7.48% from spot
Prob. of Target Hit
73%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
63.74 / -1.13 / 2.61
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%) | -$171 | -$189 | -$210 | -$224 |
| $14 (-15%) | -$140 | -$163 | -$191 | -$224 |
| $14 (-10%) | -$103 | -$128 | -$161 | -$224 |
| $15 (-5%) | -$59 | -$85 | -$120 | -$200 |
| $16 (-2%) | -$29 | -$56 | -$90 | -$152 |
| $16 (0%) โ spot | -$9 | -$35 | -$69 | -$120 |
| $16 (+2%) | +$13 | -$13 | -$46 | -$88 |
| $17 (+5%) | +$47 | +$22 | -$8 | -$40 |
| $18 (+9%) โ target | +$96 | +$73 | +$46 | +$26 |
| $18 (+15%) | +$172 | +$152 | +$131 | +$121 |
| $19 (+20%) | +$240 | +$223 | +$207 | +$201 |
Uses TENB's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.