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 $130 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
Bet on big move in either direction. Two premiums paid.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $110 ยท Jun '26
Qty 1 ยท Premium $14.0 ยท ฮ 0.58
LONG PUT ยท $110 ยท Jun '26
Qty 1 ยท Premium $11.18 ยท ฮ -0.43
P&L at Expiry
Stock (100 sh)
Long Straddle
Now
Target
๐ก Stock vs Options at Target
If WDAY hits $130 by Jun 19: the long straddle returns $-518 (-20.6%) on $2,518 risked, vs +$1,750 (15.6%) for 100 shares on $11,250. Options give 1.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if WDAY is at $130. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if WDAY hits $130 by Jun 19
$-518
-20.6% on $2,518 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$2,518
Both premiums paid
Break-even
$135.18
+20.16% from spot
Prob. of Target Hit
54%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
15.07 / -17.79 / 37.54
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%) | +$25 | -$204 | -$428 | -$518 |
| $96 (-15%) | -$197 | -$492 | -$826 | -$1,080 |
| $101 (-10%) | -$323 | -$670 | -$1,102 | -$1,643 |
| $107 (-5%) | -$351 | -$733 | -$1,227 | -$2,206 |
| $110 (-2%) | -$322 | -$715 | -$1,226 | -$2,493 |
| $113 (0%) โ spot | -$285 | -$681 | -$1,195 | -$2,268 |
| $115 (+2%) | -$234 | -$630 | -$1,139 | -$2,043 |
| $118 (+5%) | -$134 | -$524 | -$1,016 | -$1,706 |
| $124 (+10%) | +$96 | -$274 | -$714 | -$1,143 |
| $130 (+16%) โ target | +$428 | +$93 | -$270 | -$518 |
| $135 (+20%) | +$743 | +$442 | +$142 | -$18 |
Uses WDAY's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.