Target Price Playground
VIAV
$41.79
๐ข
VIAV IV: 72.9% โ LOW
(-24.3% vs 30d avg of 96.4%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $47 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
Moderately bullish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $42 ยท Jun '26
Qty 1 ยท Premium $6.7 ยท ฮ 0.58
SHORT CALL ยท $45 ยท Jun '26
Qty 1 ยท Premium $5.72 ยท ฮ 0.51
P&L at Expiry
Stock (100 sh)
Bull Call Spread
Now
Target
๐ก Stock vs Options at Target
If VIAV hits $47 by Jun 19: the bull call spread returns +$202 (206.1%) on $98 risked, vs +$521 (12.5%) for 100 shares on $4,179. Options give 16.5ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if VIAV is at $47. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if VIAV hits $47 by Jun 19
+$202
+206.1% on $98 risked
Max Profit
+$202
If the stock โฅ $45 at expiry
Max Loss
โ$98
Net debit
Break-even
$42.98
+2.85% from spot
Prob. of Target Hit
72%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
7.22 / -0.12 / -0.28
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
| VIAV Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $33 (-20%) | -$43 | -$53 | -$72 | -$98 |
| $36 (-15%) | -$28 | -$37 | -$55 | -$98 |
| $38 (-10%) | -$13 | -$19 | -$34 | -$98 |
| $40 (-5%) | +$3 | +$0 | -$9 | -$98 |
| $41 (-2%) | +$13 | +$12 | +$7 | -$98 |
| $42 (0%) โ spot | +$20 | +$20 | +$18 | -$98 |
| $43 (+2%) | +$26 | +$28 | +$30 | -$35 |
| $44 (+5%) | +$36 | +$40 | +$46 | +$90 |
| $46 (+10%) | +$51 | +$59 | +$73 | +$202 |
| $47 (+12%) โ target | +$59 | +$68 | +$85 | +$202 |
| $48 (+15%) | +$66 | +$77 | +$97 | +$202 |
| $50 (+20%) | +$80 | +$94 | +$119 | +$202 |
Uses VIAV's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.