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 $215 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
@ $197.07 ยท ฮ 1.00
SHORT CALL ยท $215 ยท Jun '26
Qty 1 ยท Premium $8.58 ยท ฮ 0.37
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If TTWO hits $215 by Jun 19: the covered call returns +$2,651 (14.1%) on $18,849 risked, vs +$1,793 (9.1%) for 100 shares on $19,707. Options give 1.5ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if TTWO is at $215. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if TTWO hits $215 by Jun 19
+$2,651
+14.1% on $18,849 risked
Max Profit
+$2,651
If the stock โฅ $215 at expiry
Max Loss
โ$18,849
If stock โ $0 (minus premium received)
Break-even
$188.49
-4.35% from spot
Prob. of Target Hit
63%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
62.79 / 11.24 / -31.94
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%) | -$3,161 | -$3,108 | -$3,085 | -$3,083 |
| $168 (-15%) | -$2,264 | -$2,168 | -$2,107 | -$2,098 |
| $177 (-10%) | -$1,427 | -$1,275 | -$1,150 | -$1,113 |
| $187 (-5%) | -$667 | -$457 | -$242 | -$127 |
| $193 (-2%) | -$255 | -$11 | +$259 | +$464 |
| $197 (0%) โ spot | -$0 | +$264 | +$570 | +$858 |
| $201 (+2%) | +$239 | +$520 | +$859 | +$1,252 |
| $207 (+5%) | +$568 | +$869 | +$1,246 | +$1,843 |
| $215 (+9%) โ target | +$961 | +$1,277 | +$1,679 | +$2,651 |
| $227 (+15%) | +$1,415 | +$1,728 | +$2,115 | +$2,651 |
| $236 (+20%) | +$1,708 | +$2,000 | +$2,338 | +$2,651 |
Uses TTWO's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.