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 $13 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
Bet on big move in either direction. Two premiums 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
LONG PUT ยท $11 ยท Jun '26
Qty 1 ยท Premium $1.33 ยท ฮ -0.45
P&L at Expiry
Stock (100 sh)
Long Straddle
Now
Target
๐ก Stock vs Options at Target
If VERX hits $13 by Jun 19: the long straddle returns $-105 (-41.2%) on $255 risked, vs +$170 (15.7%) for 100 shares on $1,080. Options give 2.6ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if VERX is at $13. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if VERX hits $13 by Jun 19
$-105
-41.2% on $255 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$255
Both premiums paid
Break-even
$8.45
-21.78% from spot
Prob. of Target Hit
59%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
9.05 / -1.87 / 3.67
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%) | +$42 | +$16 | -$9 | -$19 |
| $9 (-15%) | +$20 | -$13 | -$49 | -$73 |
| $10 (-10%) | +$5 | -$33 | -$79 | -$127 |
| $10 (-5%) | -$1 | -$44 | -$98 | -$181 |
| $11 (-2%) | -$1 | -$46 | -$103 | -$213 |
| $11 (0%) โ spot | +$0 | -$45 | -$104 | -$235 |
| $11 (+2%) | +$3 | -$43 | -$103 | -$253 |
| $11 (+5%) | +$9 | -$38 | -$98 | -$221 |
| $12 (+10%) | +$24 | -$22 | -$81 | -$167 |
| $13 (+16%) โ target | +$48 | +$4 | -$49 | -$105 |
| $13 (+20%) | +$71 | +$29 | -$19 | -$59 |
Uses VERX's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.