Target Price Playground
VERX
$10.80
๐ข
VERX IV: 44.1% โ LOW
(-66.5% 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
Own stock, sell OTM call for income. Caps upside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $10.8 ยท ฮ 1.00
SHORT CALL ยท $12 ยท Jun '26
Qty 1 ยท Premium $1.02 ยท ฮ 0.49
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If VERX hits $12 by Jun 19: the covered call returns +$172 (17.6%) on $978 risked, vs +$70 (6.5%) for 100 shares on $1,080. Options give 2.7ร 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
+$172
+17.6% on $978 risked
Max Profit
+$172
If the stock โฅ $12 at expiry
Max Loss
โ$978
If stock โ $0 (minus premium received)
Break-even
$9.78
-9.48% from spot
Prob. of Target Hit
83%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
51.46 / 1.0 / -1.84
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%) | -$141 | -$129 | -$118 | -$114 |
| $9 (-15%) | -$101 | -$84 | -$68 | -$60 |
| $10 (-10%) | -$63 | -$44 | -$23 | -$6 |
| $10 (-5%) | -$30 | -$8 | +$19 | +$48 |
| $11 (-2%) | -$12 | +$11 | +$40 | +$80 |
| $11 (0%) โ spot | -$0 | +$24 | +$54 | +$102 |
| $11 (+2%) | +$11 | +$35 | +$67 | +$124 |
| $11 (+5%) | +$26 | +$51 | +$84 | +$156 |
| $12 (+6%) โ target | +$33 | +$58 | +$91 | +$172 |
| $12 (+10%) | +$48 | +$74 | +$107 | +$172 |
| $12 (+15%) | +$68 | +$93 | +$125 | +$172 |
| $13 (+20%) | +$84 | +$109 | +$139 | +$172 |
Uses VERX's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.