Target Price Playground
ZS
$120.99
๐ข
ZS IV: 59.7% โ LOW
(-20.2% vs 30d avg of 74.9%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $105 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
Moderately bearish. Debit, capped max profit + loss.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG PUT ยท $120 ยท Jun '26
Qty 1 ยท Premium $16.44 ยท ฮ -0.47
SHORT PUT ยท $110 ยท Jun '26
Qty 1 ยท Premium $11.0 ยท ฮ -0.36
P&L at Expiry
Stock (100 sh)
Bear Put Spread
Now
Target
๐ก Stock vs Options at Target
If ZS hits $105 by Jun 19: the bear put spread returns +$456 (83.8%) on $544 risked, vs $-1,599 (-13.2%) for 100 shares on $12,099. Options give 6.3ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ZS is at $105. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ZS hits $105 by Jun 19
+$456
+83.8% on $544 risked
Max Profit
+$456
If the stock โค $110 at expiry
Max Loss
โ$544
Net debit
Break-even
$114.56
-5.31% from spot
Prob. of Target Hit
63%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-10.66 / -0.26 / 0.97
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
| ZS Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $97 (-20%) | +$219 | +$255 | +$324 | +$456 |
| $103 (-15%) | +$146 | +$172 | +$228 | +$456 |
| $105 (-13%) โ target | +$120 | +$140 | +$187 | +$456 |
| $109 (-10%) | +$70 | +$81 | +$109 | +$456 |
| $115 (-5%) | -$6 | -$12 | -$21 | -$38 |
| $119 (-2%) | -$51 | -$67 | -$97 | -$401 |
| $121 (0%) โ spot | -$81 | -$103 | -$146 | -$544 |
| $123 (+2%) | -$109 | -$137 | -$193 | -$544 |
| $127 (+5%) | -$150 | -$187 | -$257 | -$544 |
| $133 (+10%) | -$214 | -$260 | -$346 | -$544 |
| $139 (+15%) | -$270 | -$323 | -$414 | -$544 |
| $145 (+20%) | -$319 | -$375 | -$462 | -$544 |
Uses ZS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.