Target Price Playground
TTWO
$197.07
๐ข
TTWO IV: 42.8% โ LOW
(-42.6% vs 30d avg of 74.6%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $175 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 $195 ยท Jun '26
Qty 1 ยท Premium $12.8 ยท ฮ -0.43
SHORT PUT ยท $180 ยท Jun '26
Qty 1 ยท Premium $6.32 ยท ฮ -0.27
P&L at Expiry
Stock (100 sh)
Bear Put Spread
Now
Target
๐ก Stock vs Options at Target
If TTWO hits $175 by Jun 19: the bear put spread returns +$852 (131.5%) on $648 risked, vs $-2,207 (-11.2%) for 100 shares on $19,707. Options give 11.7ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if TTWO is at $175. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if TTWO hits $175 by Jun 19
+$852
+131.5% on $648 risked
Max Profit
+$852
If the stock โค $180 at expiry
Max Loss
โ$648
Net debit
Break-even
$188.52
-4.34% from spot
Prob. of Target Hit
55%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-15.54 / -0.89 / 5.62
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
| TTWO Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $158 (-20%) | +$591 | +$658 | +$761 | +$852 |
| $168 (-15%) | +$453 | +$512 | +$621 | +$852 |
| $175 (-11%) โ target | +$334 | +$374 | +$457 | +$852 |
| $177 (-10%) | +$295 | +$328 | +$397 | +$852 |
| $187 (-5%) | +$129 | +$127 | +$123 | +$130 |
| $193 (-2%) | +$32 | +$8 | -$40 | -$461 |
| $197 (0%) โ spot | -$31 | -$67 | -$142 | -$648 |
| $201 (+2%) | -$91 | -$139 | -$234 | -$648 |
| $207 (+5%) | -$175 | -$236 | -$353 | -$648 |
| $217 (+10%) | -$297 | -$371 | -$494 | -$648 |
| $227 (+15%) | -$395 | -$471 | -$576 | -$648 |
| $236 (+20%) | -$471 | -$539 | -$617 | -$648 |
Uses TTWO's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.