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 $185 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
Buy a longer-dated put, sell a shorter-dated OTM put. Profits from time decay + a moderate drop.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $195 ยท Jul '26
Qty 1 ยท Premium $15.25 ยท ฮ -0.42
SHORT PUT ยท $185 ยท Jun '26
Qty 1 ยท Premium $8.7 ยท ฮ -0.32
P&L at Expiry
Stock (100 sh)
Diagonal Put Spread
Now
Target
๐ก Stock vs Options at Target
If TTWO hits $185 by Jun 19: the diagonal put spread returns +$803 (122.5%) on $655 risked, vs $-1,207 (-6.1%) for 100 shares on $19,707. Options give 20.1ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if TTWO is at $185. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if TTWO hits $185 by Jun 19
+$803
+122.5% on $655 risked
Max Profit
+$787
If the stock price is favorable
Max Loss
โ$645
Worst-case within chart range
Break-even
$201.12
+2.05% from spot
Prob. of Target Hit
74%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-9.61 / 1.79 / 7.46
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%) | +$283 | +$320 | +$352 | +$314 |
| $168 (-15%) | +$251 | +$302 | +$374 | +$394 |
| $177 (-10%) | +$195 | +$252 | +$350 | +$571 |
| $185 (-6%) โ target | +$137 | +$189 | +$285 | +$803 |
| $187 (-5%) | +$118 | +$167 | +$258 | +$666 |
| $193 (-2%) | +$64 | +$103 | +$174 | +$343 |
| $197 (0%) โ spot | +$26 | +$57 | +$109 | +$161 |
| $201 (+2%) | -$13 | +$8 | +$40 | +$4 |
| $207 (+5%) | -$74 | -$67 | -$66 | -$187 |
| $217 (+10%) | -$174 | -$190 | -$234 | -$406 |
| $227 (+15%) | -$267 | -$302 | -$372 | -$531 |
| $236 (+20%) | -$350 | -$396 | -$475 | -$597 |
Uses TTWO's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.