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 $395 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
@ $367.99 ยท ฮ 1.00
SHORT CALL ยท $395 ยท Jun '26
Qty 1 ยท Premium $34.19 ยท ฮ 0.48
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If TER hits $395 by Jun 19: the covered call returns +$6,120 (18.3%) on $33,380 risked, vs +$2,701 (7.3%) for 100 shares on $36,799. Options give 2.5ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if TER is at $395. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if TER hits $395 by Jun 19
+$6,120
+18.3% on $33,380 risked
Max Profit
+$6,120
If the stock โฅ $395 at expiry
Max Loss
โ$33,380
If stock โ $0 (minus premium received)
Break-even
$333.80
-9.29% from spot
Prob. of Target Hit
81%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
52.4 / 34.4 / -62.78
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%) | -$4,852 | -$4,427 | -$4,060 | -$3,941 |
| $313 (-15%) | -$3,455 | -$2,912 | -$2,370 | -$2,101 |
| $331 (-10%) | -$2,178 | -$1,523 | -$796 | -$261 |
| $350 (-5%) | -$1,027 | -$276 | +$624 | +$1,579 |
| $361 (-2%) | -$396 | +$402 | +$1,389 | +$2,683 |
| $368 (0%) โ spot | -$0 | +$824 | +$1,860 | +$3,419 |
| $375 (+2%) | +$376 | +$1,223 | +$2,299 | +$4,155 |
| $386 (+5%) | +$903 | +$1,777 | +$2,897 | +$5,259 |
| $395 (+7%) โ target | +$1,286 | +$2,173 | +$3,314 | +$6,120 |
| $405 (+10%) | +$1,691 | +$2,586 | +$3,735 | +$6,120 |
| $423 (+15%) | +$2,370 | +$3,264 | +$4,390 | +$6,120 |
| $442 (+20%) | +$2,952 | +$3,823 | +$4,883 | +$6,120 |
Uses TER's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.