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
Bullish. Unlimited upside, capped loss = premium paid.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $11 ยท Jun '26
Qty 1 ยท Premium $1.22 ยท ฮ 0.55
P&L at Expiry
Stock (100 sh)
Long Call
Now
Target
๐ก Stock vs Options at Target
If VERX hits $12 by Jun 19: the long call returns $-22 (-18.1%) on $122 risked, vs +$120 (11.1%) for 100 shares on $1,080. Options give 1.6ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if VERX is at $12. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if VERX hits $12 by Jun 19
$-22
-18.1% on $122 risked
Max Profit
Unlimited
Unlimited upside
Max Loss
โ$122
Premium paid
Break-even
$12.22
+13.16% from spot
Prob. of Target Hit
71%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
54.52 / -1.0 / 1.83
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%) | -$87 | -$101 | -$116 | -$122 |
| $9 (-15%) | -$71 | -$89 | -$108 | -$122 |
| $10 (-10%) | -$51 | -$72 | -$96 | -$122 |
| $10 (-5%) | -$27 | -$50 | -$79 | -$122 |
| $11 (-2%) | -$12 | -$35 | -$65 | -$122 |
| $11 (0%) โ spot | +$0 | -$24 | -$55 | -$122 |
| $11 (+2%) | +$12 | -$12 | -$44 | -$120 |
| $11 (+5%) | +$31 | +$7 | -$25 | -$88 |
| $12 (+10%) | +$66 | +$41 | +$11 | -$34 |
| $12 (+11%) โ target | +$74 | +$50 | +$19 | -$22 |
| $12 (+15%) | +$103 | +$80 | +$51 | +$20 |
| $13 (+20%) | +$144 | +$121 | +$96 | +$74 |
Uses VERX's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.