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 $12 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
Sell OTM put for premium; get assigned if price drops.
๐ฏ Target
67d from today
โ๏ธ Legs
SHORT PUT ยท $10 ยท Jun '26
Qty 1 ยท Premium $0.47 ยท ฮ -0.35
P&L at Expiry
Stock (100 sh)
Cash-Secured Put
Now
Target
๐ก Stock vs Options at Target
If VERX hits $12 by Jun 19: the cash-secured put returns +$47 (4.9%) on $-47 credit (max loss $953), vs +$70 (6.5%) for 100 shares on $1,080. Options give 0.8ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if VERX is at $12. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if VERX hits $12 by Jun 19
+$47
+4.9% on $953 max loss
Max Profit
+$47
If the stock โฅ $10 at expiry
Max Loss
โ$953
If stock โ $0 after assignment
Break-even
$9.53
-11.76% from spot
Prob. of Target Hit
83%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
35.09 / 1.22 / -1.73
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%) | -$137 | -$122 | -$105 | -$89 |
| $9 (-15%) | -$106 | -$88 | -$66 | -$35 |
| $10 (-10%) | -$79 | -$59 | -$34 | +$19 |
| $10 (-5%) | -$55 | -$35 | -$9 | +$47 |
| $11 (-2%) | -$43 | -$23 | +$2 | +$47 |
| $11 (0%) โ spot | -$36 | -$16 | +$9 | +$47 |
| $11 (+2%) | -$29 | -$9 | +$15 | +$47 |
| $11 (+5%) | -$19 | -$0 | +$23 | +$47 |
| $12 (+6%) โ target | -$15 | +$3 | +$26 | +$47 |
| $12 (+10%) | -$6 | +$12 | +$32 | +$47 |
| $12 (+15%) | +$5 | +$21 | +$38 | +$47 |
| $13 (+20%) | +$14 | +$28 | +$41 | +$47 |
Uses VERX's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.