Target Price Playground
๐ Strategy
๐ฏ Target
โ๏ธ Legs
๐ก Stock vs Options at Target
If TTAN hits $58 by Jun 19: the cash-secured put returns +$383 (8.1%) on $-383 credit (max loss $4,717), vs +$271 (4.9%) for 100 shares on $5,529. Options give 1.7ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if TTAN is at $58. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
๐ Notes for each mode (not shown on real page)
Reprices legs at (target_price, target_date) via Black-Scholes. Works on existing BS service. Simplest mode โ ship first.
Uses our historical options chains to replay this exact strategy over past expirations. Needs: date picker, "rolling every N days", cumulative P&L chart.
"Run this strategy on every BUY-rated stock with score โฅ 80 for last 90d." Reuses score_backtest pipeline + strategy overlay.
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
| TTAN Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $44 (-20%) | -$521 | -$449 | -$365 | -$294 |
| $47 (-15%) | -$357 | -$273 | -$166 | -$17 |
| $50 (-10%) | -$217 | -$125 | -$3 | +$259 |
| $53 (-5%) | -$98 | -$3 | +$122 | +$383 |
| $54 (-2%) | -$37 | +$58 | +$181 | +$383 |
| $55 (0%) โ spot | +$0 | +$94 | +$214 | +$383 |
| $56 (+2%) | +$35 | +$127 | +$243 | +$383 |
| $58 (+5%) โ target | +$80 | +$169 | +$277 | +$383 |
| $61 (+10%) | +$147 | +$228 | +$320 | +$383 |
| $64 (+15%) | +$199 | +$272 | +$346 | +$383 |
| $66 (+20%) | +$241 | +$304 | +$362 | +$383 |