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 $51 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 + buy put as insurance against downside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $46.04 ยท ฮ 1.00
LONG PUT ยท $44 ยท Jun '26
Qty 1 ยท Premium $0.84 ยท ฮ -0.28
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If VZ hits $51 by Jun 19: the protective put returns +$412 (8.8%) on $4,688 risked, vs +$496 (10.8%) for 100 shares on $4,604. Options give 0.8ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if VZ is at $51. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if VZ hits $51 by Jun 19
+$412
+8.8% on $4,688 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$288
Put floors you at $44
Break-even
$46.88
+1.82% from spot
Prob. of Target Hit
28%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
72.09 / -0.99 / 6.63
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%) | -$317 | -$310 | -$300 | -$288 |
| $39 (-15%) | -$295 | -$299 | -$298 | -$288 |
| $41 (-10%) | -$242 | -$259 | -$279 | -$288 |
| $44 (-5%) | -$145 | -$170 | -$205 | -$288 |
| $45 (-2%) | -$63 | -$89 | -$123 | -$176 |
| $46 (0%) โ spot | -$0 | -$24 | -$54 | -$84 |
| $47 (+2%) | +$69 | +$48 | +$24 | +$8 |
| $48 (+5%) | +$183 | +$167 | +$152 | +$146 |
| $51 (+11%) โ target | +$424 | +$417 | +$412 | +$412 |
| $53 (+15%) | +$612 | +$608 | +$607 | +$607 |
| $55 (+20%) | +$839 | +$837 | +$837 | +$837 |
Uses VZ's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.