Target Price Playground
WDC
$374.11
๐ข
WDC IV: 75.6% โ LOW
(-25.7% vs 30d avg of 101.7%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $355 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
59d from today
โ๏ธ Legs
LONG PUT ยท $375 ยท Jul '26
Qty 1 ยท Premium $53.44 ยท ฮ -0.42
SHORT PUT ยท $355 ยท Jun '26
Qty 1 ยท Premium $34.22 ยท ฮ -0.36
P&L at Expiry
Stock (100 sh)
Diagonal Put Spread
Now
Target
๐ก Stock vs Options at Target
If WDC hits $355 by Jun 19: the diagonal put spread returns +$2,166 (112.7%) on $1,922 risked, vs $-1,911 (-5.1%) for 100 shares on $37,411. Options give 22.1ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (59 days out). P&L shown is the value at expiry if WDC is at $355. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if WDC hits $355 by Jun 19
+$2,166
+112.7% on $1,922 risked
Max Profit
+$2,142
If the stock price is favorable
Max Loss
โ$1,467
Worst-case within chart range
Break-even
$405.63
+8.43% from spot
Prob. of Target Hit
87%
IV-implied, 59d (rough)
Net ฮ / ฮ / V
-5.35 / 5.73 / 14.82
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
| WDC Price | Today | May 10 | May 30 | Jun 19 (exp) |
|---|---|---|---|---|
| $299 (-20%) | +$229 | +$350 | +$521 | +$479 |
| $318 (-15%) | +$208 | +$354 | +$604 | +$876 |
| $337 (-10%) | +$162 | +$319 | +$617 | +$1,439 |
| $355 (-5%) โ target | +$93 | +$248 | +$552 | +$2,166 |
| $367 (-2%) | +$39 | +$185 | +$472 | +$1,556 |
| $374 (0%) โ spot | +$0 | +$138 | +$407 | +$1,201 |
| $382 (+2%) | -$41 | +$87 | +$331 | +$873 |
| $393 (+5%) | -$108 | +$3 | +$204 | +$433 |
| $412 (+10%) | -$227 | -$151 | -$36 | -$176 |
| $430 (+15%) | -$354 | -$316 | -$291 | -$648 |
| $449 (+20%) | -$484 | -$484 | -$542 | -$1,006 |
Uses WDC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.