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 $105 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
Buy a longer-dated put, sell a shorter-dated OTM put. Profits from time decay + a moderate drop.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $110 ยท Jul '26
Qty 1 ยท Premium $11.35 ยท ฮ -0.4
SHORT PUT ยท $105 ยท Jun '26
Qty 1 ยท Premium $8.87 ยท ฮ -0.36
P&L at Expiry
Stock (100 sh)
Diagonal Put Spread
Now
Target
๐ก Stock vs Options at Target
If WDAY hits $105 by Jun 19: the diagonal put spread returns +$702 (282.7%) on $248 risked, vs $-750 (-6.7%) for 100 shares on $11,250. Options give 42.2ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if WDAY is at $105. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if WDAY hits $105 by Jun 19
+$702
+282.7% on $248 risked
Max Profit
+$698
If the stock price is favorable
Max Loss
โ$217
Worst-case within chart range
Break-even
$123.81
+10.06% from spot
Prob. of Target Hit
79%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-3.54 / 1.82 / 3.85
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%) | +$260 | +$288 | +$323 | +$302 |
| $96 (-15%) | +$250 | +$285 | +$342 | +$400 |
| $101 (-10%) | +$231 | +$269 | +$337 | +$558 |
| $105 (-7%) โ target | +$215 | +$251 | +$318 | +$702 |
| $107 (-5%) | +$205 | +$239 | +$304 | +$598 |
| $110 (-2%) | +$186 | +$216 | +$272 | +$433 |
| $113 (0%) โ spot | +$172 | +$199 | +$247 | +$336 |
| $115 (+2%) | +$157 | +$180 | +$220 | +$251 |
| $118 (+5%) | +$134 | +$151 | +$175 | +$141 |
| $124 (+10%) | +$94 | +$99 | +$98 | +$1 |
| $129 (+15%) | +$54 | +$48 | +$24 | -$93 |
| $135 (+20%) | +$15 | -$1 | -$41 | -$155 |
Uses WDAY's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.