Target Price Playground
VERX
$10.80
๐ข
VERX IV: 68.4% โ LOW
(-48.0% vs 30d avg of 131.6%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $10 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
Moderately bearish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $11 ยท Jun '26
Qty 1 ยท Premium $1.33 ยท ฮ -0.45
SHORT PUT ยท $10 ยท Jun '26
Qty 1 ยท Premium $0.47 ยท ฮ -0.35
P&L at Expiry
Stock (100 sh)
Bear Put Spread
Now
Target
๐ก Stock vs Options at Target
If VERX hits $10 by Jun 19: the bear put spread returns +$14 (16.2%) on $86 risked, vs $-130 (-12.0%) for 100 shares on $1,080. Options give 1.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if VERX is at $10. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if VERX hits $10 by Jun 19
+$14
+16.2% on $86 risked
Max Profit
+$14
If the stock โค $10 at expiry
Max Loss
โ$86
Net debit
Break-even
$10.14
-6.12% from spot
Prob. of Target Hit
68%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-10.39 / 0.35 / 0.11
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
| VERX Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $9 (-20%) | -$9 | -$5 | +$2 | +$14 |
| $9 (-15%) | -$15 | -$12 | -$6 | +$14 |
| $10 (-12%) โ target | -$19 | -$17 | -$12 | +$14 |
| $10 (-10%) | -$22 | -$20 | -$17 | +$14 |
| $10 (-5%) | -$29 | -$29 | -$28 | -$12 |
| $11 (-2%) | -$33 | -$34 | -$35 | -$44 |
| $11 (0%) โ spot | -$35 | -$37 | -$40 | -$66 |
| $11 (+2%) | -$38 | -$40 | -$44 | -$86 |
| $11 (+5%) | -$42 | -$45 | -$51 | -$86 |
| $12 (+10%) | -$48 | -$52 | -$60 | -$86 |
| $12 (+15%) | -$54 | -$58 | -$67 | -$86 |
| $13 (+20%) | -$59 | -$64 | -$73 | -$86 |
Uses VERX's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.