Target Price Playground
TER
$367.99
๐ข
TER IV: 67.6% โ LOW
(-35.2% vs 30d avg of 104.3%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $325 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 bearish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $370 ยท Jun '26
Qty 1 ยท Premium $46.9 ยท ฮ -0.44
SHORT PUT ยท $340 ยท Jun '26
Qty 1 ยท Premium $32.0 ยท ฮ -0.34
P&L at Expiry
Stock (100 sh)
Bear Put Spread
Now
Target
๐ก Stock vs Options at Target
If TER hits $325 by Jun 19: the bear put spread returns +$1,510 (101.3%) on $1,490 risked, vs $-4,299 (-11.7%) for 100 shares on $36,799. Options give 8.7ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if TER is at $325. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if TER hits $325 by Jun 19
+$1,510
+101.3% on $1,490 risked
Max Profit
+$1,510
If the stock โค $340 at expiry
Max Loss
โ$1,490
Net debit
Break-even
$355.10
-3.5% from spot
Prob. of Target Hit
70%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-10.22 / -2.33 / 2.88
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
| TER Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $294 (-20%) | +$807 | +$911 | +$1,114 | +$1,510 |
| $313 (-15%) | +$612 | +$688 | +$855 | +$1,510 |
| $325 (-12%) โ target | +$476 | +$527 | +$649 | +$1,510 |
| $331 (-10%) | +$407 | +$444 | +$538 | +$1,510 |
| $350 (-5%) | +$200 | +$192 | +$191 | +$551 |
| $361 (-2%) | +$78 | +$42 | -$18 | -$553 |
| $368 (0%) โ spot | -$2 | -$55 | -$154 | -$1,289 |
| $375 (+2%) | -$80 | -$151 | -$286 | -$1,490 |
| $386 (+5%) | -$194 | -$289 | -$471 | -$1,490 |
| $405 (+10%) | -$373 | -$501 | -$742 | -$1,490 |
| $423 (+15%) | -$536 | -$688 | -$959 | -$1,490 |
| $442 (+20%) | -$682 | -$849 | -$1,126 | -$1,490 |
Uses TER's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.