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 $120 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
@ $112.5 ยท ฮ 1.00
SHORT CALL ยท $120 ยท Jun '26
Qty 1 ยท Premium $8.5 ยท ฮ 0.44
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If WDAY hits $120 by Jun 19: the covered call returns +$1,600 (15.4%) on $10,400 risked, vs +$750 (6.7%) for 100 shares on $11,250. Options give 2.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if WDAY is at $120. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if WDAY hits $120 by Jun 19
+$1,600
+15.4% on $10,400 risked
Max Profit
+$1,600
If the stock โฅ $120 at expiry
Max Loss
โ$10,400
If stock โ $0 (minus premium received)
Break-even
$104.00
-7.56% from spot
Prob. of Target Hit
79%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
55.58 / 8.9 / -19.78
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%) | -$1,574 | -$1,483 | -$1,415 | -$1,400 |
| $96 (-15%) | -$1,121 | -$996 | -$882 | -$838 |
| $101 (-10%) | -$707 | -$547 | -$379 | -$275 |
| $107 (-5%) | -$336 | -$146 | +$76 | +$288 |
| $110 (-2%) | -$136 | +$69 | +$319 | +$625 |
| $113 (0%) โ spot | -$11 | +$202 | +$468 | +$850 |
| $115 (+2%) | +$107 | +$327 | +$605 | +$1,075 |
| $118 (+5%) | +$270 | +$498 | +$788 | +$1,412 |
| $120 (+7%) โ target | +$355 | +$585 | +$879 | +$1,600 |
| $124 (+10%) | +$510 | +$742 | +$1,038 | +$1,600 |
| $129 (+15%) | +$710 | +$938 | +$1,221 | +$1,600 |
| $135 (+20%) | +$875 | +$1,093 | +$1,349 | +$1,600 |
Uses WDAY's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.