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 + buy put as insurance against downside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $10.8 ยท ฮ 1.00
LONG PUT ยท $11 ยท Jun '26
Qty 1 ยท Premium $1.06 ยท ฮ -0.39
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If VERX hits $12 by Jun 19: the protective put returns +$14 (1.2%) on $1,186 risked, vs +$120 (11.1%) for 100 shares on $1,080. Options give 0.1ร 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
+$14
+1.2% on $1,186 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$136
Put floors you at $10
Break-even
$11.86
+9.84% from spot
Prob. of Target Hit
71%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
60.68 / -0.85 / 1.78
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%) | -$100 | -$113 | -$128 | -$136 |
| $9 (-15%) | -$81 | -$97 | -$117 | -$136 |
| $10 (-10%) | -$58 | -$77 | -$101 | -$136 |
| $10 (-5%) | -$31 | -$51 | -$77 | -$136 |
| $11 (-2%) | -$13 | -$33 | -$61 | -$128 |
| $11 (0%) โ spot | +$0 | -$21 | -$48 | -$106 |
| $11 (+2%) | +$14 | -$7 | -$34 | -$84 |
| $11 (+5%) | +$35 | +$14 | -$12 | -$52 |
| $12 (+10%) | +$72 | +$53 | +$28 | +$2 |
| $12 (+11%) โ target | +$81 | +$62 | +$38 | +$14 |
| $12 (+15%) | +$113 | +$94 | +$73 | +$56 |
| $13 (+20%) | +$156 | +$139 | +$121 | +$110 |
Uses VERX's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.