Target Price Playground
WDAY
$112.50
๐ข
WDAY IV: 56.2% โ LOW
(-23.7% vs 30d avg of 73.7%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $99 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 $110 ยท Jun '26
Qty 1 ยท Premium $11.18 ยท ฮ -0.43
SHORT PUT ยท $105 ยท Jun '26
Qty 1 ยท Premium $8.87 ยท ฮ -0.36
P&L at Expiry
Stock (100 sh)
Bear Put Spread
Now
Target
๐ก Stock vs Options at Target
If WDAY hits $99 by Jun 19: the bear put spread returns +$269 (116.5%) on $231 risked, vs $-1,350 (-12.0%) for 100 shares on $11,250. Options give 9.7ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if WDAY is at $99. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if WDAY hits $99 by Jun 19
+$269
+116.5% on $231 risked
Max Profit
+$269
If the stock โค $105 at expiry
Max Loss
โ$231
Net debit
Break-even
$107.69
-4.28% from spot
Prob. of Target Hit
63%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-6.54 / -0.46 / 0.51
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
| WDAY Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $90 (-20%) | +$160 | +$179 | +$215 | +$269 |
| $96 (-15%) | +$122 | +$137 | +$168 | +$269 |
| $99 (-12%) โ target | +$98 | +$108 | +$133 | +$269 |
| $101 (-10%) | +$81 | +$89 | +$106 | +$269 |
| $107 (-5%) | +$40 | +$38 | +$37 | +$81 |
| $110 (-2%) | +$15 | +$8 | -$5 | -$231 |
| $113 (0%) โ spot | -$0 | -$11 | -$32 | -$231 |
| $115 (+2%) | -$16 | -$30 | -$57 | -$231 |
| $118 (+5%) | -$38 | -$56 | -$92 | -$231 |
| $124 (+10%) | -$72 | -$96 | -$139 | -$231 |
| $129 (+15%) | -$102 | -$129 | -$174 | -$231 |
| $135 (+20%) | -$128 | -$155 | -$197 | -$231 |
Uses WDAY's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.