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
Bearish. Max profit if underlying crashes, capped 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
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
๐ก Stock vs Options at Target
If TTWO hits $175 by Jun 19: the long put returns +$720 (56.2%) on $1,280 risked, vs $-2,207 (-11.2%) for 100 shares on $19,707. Options give 5.0ร 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
+$720
+56.2% on $1,280 risked
Max Profit
+$18,220
If stock โ $0
Max Loss
โ$1,280
Premium paid
Break-even
$182.20
-7.55% from spot
Prob. of Target Hit
55%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-42.66 / -9.76 / 32.93
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%) | +$2,523 | +$2,457 | +$2,420 | +$2,454 |
| $168 (-15%) | +$1,738 | +$1,613 | +$1,494 | +$1,469 |
| $175 (-11%) โ target | +$1,207 | +$1,039 | +$847 | +$720 |
| $177 (-10%) | +$1,052 | +$872 | +$658 | +$484 |
| $187 (-5%) | +$472 | +$253 | -$33 | -$502 |
| $193 (-2%) | +$178 | -$54 | -$363 | -$1,093 |
| $197 (0%) โ spot | +$3 | -$233 | -$547 | -$1,280 |
| $201 (+2%) | -$156 | -$392 | -$702 | -$1,280 |
| $207 (+5%) | -$364 | -$594 | -$887 | -$1,280 |
| $217 (+10%) | -$642 | -$849 | -$1,088 | -$1,280 |
| $227 (+15%) | -$845 | -$1,019 | -$1,194 | -$1,280 |
| $236 (+20%) | -$990 | -$1,127 | -$1,245 | -$1,280 |
Uses TTWO's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.