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 $125 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
@ $112.5 ยท ฮ 1.00
LONG PUT ยท $105 ยท Jun '26
Qty 1 ยท Premium $8.87 ยท ฮ -0.36
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If WDAY hits $125 by Jun 19: the protective put returns +$363 (3.0%) on $12,137 risked, vs +$1,250 (11.1%) for 100 shares on $11,250. Options give 0.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if WDAY is at $125. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if WDAY hits $125 by Jun 19
+$363
+3.0% on $12,137 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$1,637
Put floors you at $105
Break-even
$121.37
+7.88% from spot
Prob. of Target Hit
66%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
63.94 / -7.96 / 18.27
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%) | -$1,301 | -$1,421 | -$1,554 | -$1,637 |
| $96 (-15%) | -$1,094 | -$1,241 | -$1,425 | -$1,637 |
| $101 (-10%) | -$834 | -$1,001 | -$1,219 | -$1,637 |
| $107 (-5%) | -$525 | -$700 | -$931 | -$1,449 |
| $110 (-2%) | -$318 | -$493 | -$720 | -$1,112 |
| $113 (0%) โ spot | -$171 | -$344 | -$565 | -$887 |
| $115 (+2%) | -$18 | -$187 | -$400 | -$662 |
| $118 (+5%) | +$223 | +$61 | -$135 | -$325 |
| $124 (+10%) | +$653 | +$507 | +$345 | +$238 |
| $125 (+11%) โ target | +$753 | +$610 | +$457 | +$363 |
| $129 (+15%) | +$1,113 | +$985 | +$859 | +$801 |
| $135 (+20%) | +$1,595 | +$1,487 | +$1,393 | +$1,363 |
Uses WDAY's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.