Target Price Playground
๐ Strategy
๐ฏ Target
โ๏ธ Legs
๐ก Stock vs Options at Target
If TTWO hits $205 by Jun 19: the cash-secured put returns +$632 (3.6%) on $-632 credit (max loss $17,368), vs +$793 (4.0%) for 100 shares on $19,707. Options give 0.9ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if TTWO is at $205. 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
| TTWO Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $158 (-20%) | -$1,932 | -$1,799 | -$1,659 | -$1,602 |
| $168 (-15%) | -$1,285 | -$1,102 | -$873 | -$617 |
| $177 (-10%) | -$757 | -$544 | -$261 | +$368 |
| $187 (-5%) | -$343 | -$127 | +$156 | +$632 |
| $193 (-2%) | -$146 | +$62 | +$323 | +$632 |
| $197 (0%) โ spot | -$34 | +$165 | +$405 | +$632 |
| $201 (+2%) | +$65 | +$253 | +$468 | +$632 |
| $205 (+4%) โ target | +$152 | +$327 | +$516 | +$632 |
| $217 (+10%) | +$345 | +$478 | +$594 | +$632 |
| $227 (+15%) | +$450 | +$548 | +$618 | +$632 |
| $236 (+20%) | +$519 | +$588 | +$628 | +$632 |