Target Price Playground
TTWO
$197.07
๐ข
TTWO IV: 42.4% โ LOW
(-43.1% 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 + buy put as insurance against downside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $197.07 ยท ฮ 1.00
LONG PUT ยท $185 ยท Jun '26
Qty 1 ยท Premium $8.7 ยท ฮ -0.32
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If TTWO hits $215 by Jun 19: the protective put returns +$923 (4.5%) on $20,577 risked, vs +$1,793 (9.1%) for 100 shares on $19,707. Options give 0.5ร 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
+$923
+4.5% on $20,577 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$2,077
Put floors you at $185
Break-even
$205.77
+4.41% from spot
Prob. of Target Hit
63%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
67.98 / -9.64 / 31.77
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%) | -$1,852 | -$1,963 | -$2,065 | -$2,077 |
| $168 (-15%) | -$1,565 | -$1,732 | -$1,927 | -$2,077 |
| $177 (-10%) | -$1,165 | -$1,372 | -$1,642 | -$2,077 |
| $187 (-5%) | -$649 | -$872 | -$1,170 | -$1,855 |
| $193 (-2%) | -$287 | -$509 | -$798 | -$1,264 |
| $197 (0%) โ spot | -$26 | -$243 | -$517 | -$870 |
| $201 (+2%) | +$250 | +$42 | -$213 | -$476 |
| $207 (+5%) | +$690 | +$498 | +$279 | +$115 |
| $215 (+9%) โ target | +$1,335 | +$1,171 | +$1,004 | +$923 |
| $227 (+15%) | +$2,335 | +$2,212 | +$2,113 | +$2,086 |
| $236 (+20%) | +$3,229 | +$3,140 | +$3,080 | +$3,071 |
Uses TTWO's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.