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 $11 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
Buy a longer-dated put, sell a shorter-dated OTM put. Profits from time decay + a moderate drop.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $11 ยท Jul '26
Qty 1 ยท Premium $1.55 ยท ฮ -0.44
SHORT PUT ยท $11 ยท Jun '26
Qty 1 ยท Premium $1.06 ยท ฮ -0.39
P&L at Expiry
Stock (100 sh)
Diagonal Put Spread
Now
Target
๐ก Stock vs Options at Target
If VERX hits $11 by Jun 19: the diagonal put spread returns +$58 (119.2%) on $49 risked, vs $-30 (-2.8%) for 100 shares on $1,080. Options give 42.6ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if VERX is at $11. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if VERX hits $11 by Jun 19
+$58
+119.2% on $49 risked
Max Profit
+$57
If the stock price is favorable
Max Loss
โ$38
Worst-case within chart range
Break-even
$11.88
+9.95% from spot
Prob. of Target Hit
93%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-4.44 / 0.14 / 0.39
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%) | +$4 | +$7 | +$11 | +$7 |
| $9 (-15%) | +$4 | +$8 | +$13 | +$15 |
| $10 (-10%) | +$3 | +$8 | +$15 | +$29 |
| $10 (-5%) | +$2 | +$6 | +$14 | +$48 |
| $11 (-3%) โ target | +$1 | +$5 | +$13 | +$58 |
| $11 (0%) โ spot | -$0 | +$4 | +$11 | +$42 |
| $11 (+2%) | -$1 | +$2 | +$9 | +$32 |
| $11 (+5%) | -$3 | +$0 | +$6 | +$18 |
| $12 (+10%) | -$6 | -$3 | +$0 | -$0 |
| $12 (+15%) | -$9 | -$8 | -$6 | -$15 |
| $13 (+20%) | -$12 | -$12 | -$13 | -$25 |
Uses VERX's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.