Target Price Playground
WFC
$85.40
๐ข
WFC IV: 32.0% โ LOW
(-40.4% vs 30d avg of 53.6%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $92 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
@ $85.4 ยท ฮ 1.00
SHORT CALL ยท $92 ยท Jun '26
Qty 1 ยท Premium $2.52 ยท ฮ 0.34
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If WFC hits $92 by Jun 19: the covered call returns +$912 (11.0%) on $8,288 risked, vs +$660 (7.7%) for 100 shares on $8,540. Options give 1.4ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if WFC is at $92. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if WFC hits $92 by Jun 19
+$912
+11.0% on $8,288 risked
Max Profit
+$912
If the stock โฅ $92 at expiry
Max Loss
โ$8,288
If stock โ $0 (minus premium received)
Break-even
$82.88
-2.95% from spot
Prob. of Target Hit
58%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
65.79 / 3.58 / -13.44
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
| WFC Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $68 (-20%) | -$1,463 | -$1,457 | -$1,456 | -$1,456 |
| $73 (-15%) | -$1,053 | -$1,036 | -$1,029 | -$1,029 |
| $77 (-10%) | -$663 | -$628 | -$606 | -$602 |
| $81 (-5%) | -$307 | -$248 | -$195 | -$175 |
| $84 (-2%) | -$116 | -$42 | +$35 | +$81 |
| $85 (0%) โ spot | +$0 | +$84 | +$177 | +$252 |
| $87 (+2%) | +$108 | +$199 | +$307 | +$423 |
| $90 (+5%) | +$253 | +$352 | +$476 | +$679 |
| $92 (+8%) โ target | +$366 | +$469 | +$600 | +$912 |
| $94 (+10%) | +$447 | +$551 | +$682 | +$912 |
| $98 (+15%) | +$588 | +$686 | +$799 | +$912 |
| $102 (+20%) | +$685 | +$769 | +$854 | +$912 |
Uses WFC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.