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 $50 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, sell OTM call for income. Caps upside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $46.04 ยท ฮ 1.00
SHORT CALL ยท $50 ยท Jun '26
Qty 1 ยท Premium $0.61 ยท ฮ 0.24
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If VZ hits $50 by Jun 19: the covered call returns +$457 (10.1%) on $4,543 risked, vs +$396 (8.6%) for 100 shares on $4,604. Options give 1.2ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if VZ is at $50. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if VZ hits $50 by Jun 19
+$457
+10.1% on $4,543 risked
Max Profit
+$457
If the stock โฅ $50 at expiry
Max Loss
โ$4,543
If stock โ $0 (minus premium received)
Break-even
$45.43
-1.32% from spot
Prob. of Target Hit
39%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
76.45 / 1.14 / -5.44
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%) | -$860 | -$860 | -$860 | -$860 |
| $39 (-15%) | -$631 | -$630 | -$630 | -$630 |
| $41 (-10%) | -$406 | -$401 | -$399 | -$399 |
| $44 (-5%) | -$192 | -$179 | -$170 | -$169 |
| $45 (-2%) | -$75 | -$53 | -$36 | -$31 |
| $46 (0%) โ spot | -$3 | +$24 | +$50 | +$61 |
| $47 (+2%) | +$64 | +$96 | +$130 | +$153 |
| $48 (+5%) | +$152 | +$190 | +$236 | +$291 |
| $50 (+9%) โ target | +$237 | +$280 | +$333 | +$457 |
| $51 (+10%) | +$264 | +$307 | +$360 | +$457 |
| $53 (+15%) | +$337 | +$376 | +$419 | +$457 |
| $55 (+20%) | +$379 | +$409 | +$438 | +$457 |
Uses VZ's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.