Target Price Playground
ZM
$79.24
๐ข
ZM IV: 41.3% โ LOW
(-34.6% vs 30d avg of 63.0%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $86 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
@ $79.24 ยท ฮ 1.00
SHORT CALL ยท $86 ยท Jun '26
Qty 1 ยท Premium $3.64 ยท ฮ 0.38
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If ZM hits $86 by Jun 19: the covered call returns +$1,040 (13.8%) on $7,560 risked, vs +$676 (8.5%) for 100 shares on $7,924. Options give 1.6ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ZM is at $86. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ZM hits $86 by Jun 19
+$1,040
+13.8% on $7,560 risked
Max Profit
+$1,040
If the stock โฅ $86 at expiry
Max Loss
โ$7,560
If stock โ $0 (minus premium received)
Break-even
$75.60
-4.59% from spot
Prob. of Target Hit
65%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
61.57 / 4.61 / -12.97
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
| ZM Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $63 (-20%) | -$1,256 | -$1,233 | -$1,222 | -$1,221 |
| $67 (-15%) | -$898 | -$856 | -$829 | -$825 |
| $71 (-10%) | -$564 | -$500 | -$445 | -$428 |
| $75 (-5%) | -$263 | -$176 | -$85 | -$32 |
| $78 (-2%) | -$100 | +$1 | +$114 | +$206 |
| $79 (0%) โ spot | +$0 | +$109 | +$236 | +$364 |
| $81 (+2%) | +$94 | +$209 | +$349 | +$522 |
| $83 (+5%) | +$224 | +$346 | +$500 | +$760 |
| $86 (+9%) โ target | +$358 | +$486 | +$648 | +$1,040 |
| $87 (+10%) | +$408 | +$536 | +$699 | +$1,040 |
| $91 (+15%) | +$556 | +$682 | +$836 | +$1,040 |
| $95 (+20%) | +$670 | +$787 | +$921 | +$1,040 |
Uses ZM's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.