Target Price Playground
VZ
$46.04
๐ข
VZ IV: 26.5% โ LOW
(-43.5% vs 30d avg of 46.9%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $41 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 bearish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $46 ยท Jun '26
Qty 1 ยท Premium $1.63 ยท ฮ -0.44
SHORT PUT ยท $42 ยท Jun '26
Qty 1 ยท Premium $0.62 ยท ฮ -0.19
P&L at Expiry
Stock (100 sh)
Bear Put Spread
Now
Target
๐ก Stock vs Options at Target
If VZ hits $41 by Jun 19: the bear put spread returns +$299 (297.2%) on $101 risked, vs $-504 (-10.9%) for 100 shares on $4,604. Options give 27.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if VZ is at $41. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if VZ hits $41 by Jun 19
+$299
+297.2% on $101 risked
Max Profit
+$299
If the stock โค $42 at expiry
Max Loss
โ$101
Net debit
Break-even
$44.99
-2.27% from spot
Prob. of Target Hit
27%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-25.2 / 0.01 / 2.87
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
| VZ Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $37 (-20%) | +$277 | +$289 | +$297 | +$299 |
| $39 (-15%) | +$242 | +$260 | +$284 | +$299 |
| $41 (-11%) โ target | +$193 | +$211 | +$241 | +$299 |
| $44 (-5%) | +$101 | +$104 | +$109 | +$125 |
| $45 (-2%) | +$54 | +$48 | +$35 | -$13 |
| $46 (0%) โ spot | +$25 | +$14 | -$8 | -$101 |
| $47 (+2%) | -$0 | -$15 | -$41 | -$101 |
| $48 (+5%) | -$33 | -$49 | -$74 | -$101 |
| $51 (+10%) | -$69 | -$82 | -$96 | -$101 |
| $53 (+15%) | -$88 | -$95 | -$100 | -$101 |
| $55 (+20%) | -$96 | -$100 | -$101 | -$101 |
Uses VZ's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.