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 $19 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
Bet on big move in either direction. Two premiums paid.
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
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 Straddle
Now
Target
๐ก Stock vs Options at Target
If TENB hits $19 by Jun 19: the long straddle returns $-130 (-34.2%) on $380 risked, vs +$246 (15.3%) for 100 shares on $1,604. Options give 2.2ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if TENB is at $19. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if TENB hits $19 by Jun 19
$-130
-34.2% on $380 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$380
Both premiums paid
Break-even
$19.80
+23.44% from spot
Prob. of Target Hit
56%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
9.03 / -2.46 / 5.42
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%) | +$14 | -$19 | -$51 | -$63 |
| $14 (-15%) | -$20 | -$63 | -$110 | -$143 |
| $14 (-10%) | -$41 | -$92 | -$154 | -$224 |
| $15 (-5%) | -$48 | -$105 | -$179 | -$304 |
| $16 (-2%) | -$47 | -$106 | -$183 | -$352 |
| $16 (0%) โ spot | -$43 | -$104 | -$182 | -$376 |
| $16 (+2%) | -$38 | -$99 | -$177 | -$344 |
| $17 (+5%) | -$27 | -$87 | -$165 | -$296 |
| $18 (+10%) | +$1 | -$58 | -$130 | -$216 |
| $19 (+15%) โ target | +$41 | -$14 | -$77 | -$130 |
| $19 (+20%) | +$84 | +$33 | -$21 | -$55 |
Uses TENB's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.