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 $48 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
Sell OTM put for premium; get assigned if price drops.
๐ฏ Target
67d from today
โ๏ธ Legs
SHORT PUT ยท $42 ยท Jun '26
Qty 1 ยท Premium $0.62 ยท ฮ -0.19
P&L at Expiry
Stock (100 sh)
Cash-Secured Put
Now
Target
๐ก Stock vs Options at Target
If VZ hits $48 by Jun 19: the cash-secured put returns +$62 (1.5%) on $-62 credit (max loss $4,138), vs +$196 (4.3%) for 100 shares on $4,604. Options give 0.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if VZ is at $48. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if VZ hits $48 by Jun 19
+$62
+1.5% on $4,138 max loss
Max Profit
+$62
If the stock โฅ $42 at expiry
Max Loss
โ$4,138
If stock โ $0 after assignment
Break-even
$41.38
-10.12% from spot
Prob. of Target Hit
67%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
19.19 / 1.09 / -4.92
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%) | -$441 | -$440 | -$444 | -$455 |
| $39 (-15%) | -$256 | -$242 | -$228 | -$225 |
| $41 (-10%) | -$115 | -$91 | -$59 | +$6 |
| $44 (-5%) | -$24 | -$1 | +$29 | +$62 |
| $45 (-2%) | +$10 | +$29 | +$50 | +$62 |
| $46 (0%) โ spot | +$26 | +$41 | +$56 | +$62 |
| $47 (+2%) | +$37 | +$50 | +$59 | +$62 |
| $48 (+4%) โ target | +$46 | +$55 | +$61 | +$62 |
| $51 (+10%) | +$58 | +$61 | +$62 | +$62 |
| $53 (+15%) | +$61 | +$62 | +$62 | +$62 |
| $55 (+20%) | +$62 | +$62 | +$62 | +$62 |
Uses VZ's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.