Target Price Playground
๐ Strategy
๐ฏ Target
โ๏ธ Legs
๐ก Stock vs Options at Target
If ZS hits $125 by Jun 19: the cash-secured put returns +$1,100 (11.1%) on $-1,100 credit (max loss $9,900), vs +$401 (3.3%) for 100 shares on $12,099. Options give 3.4ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ZS is at $125. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
๐ Notes for each mode (not shown on real page)
Reprices legs at (target_price, target_date) via Black-Scholes. Works on existing BS service. Simplest mode โ ship first.
Uses our historical options chains to replay this exact strategy over past expirations. Needs: date picker, "rolling every N days", cumulative P&L chart.
"Run this strategy on every BUY-rated stock with score โฅ 80 for last 90d." Reuses score_backtest pipeline + strategy overlay.
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%) | -$733 | -$578 | -$392 | -$221 |
| $103 (-15%) | -$384 | -$204 | +$29 | +$384 |
| $109 (-10%) | -$88 | +$107 | +$366 | +$989 |
| $115 (-5%) | +$160 | +$359 | +$620 | +$1,100 |
| $119 (-2%) | +$287 | +$483 | +$735 | +$1,100 |
| $121 (0%) โ spot | +$363 | +$557 | +$799 | +$1,100 |
| $123 (+2%) | +$433 | +$622 | +$854 | +$1,100 |
| $125 (+3%) โ target | +$476 | +$662 | +$885 | +$1,100 |
| $127 (+5%) | +$528 | +$708 | +$919 | +$1,100 |
| $133 (+10%) | +$659 | +$822 | +$996 | +$1,100 |
| $139 (+15%) | +$763 | +$905 | +$1,042 | +$1,100 |
| $145 (+20%) | +$844 | +$965 | +$1,069 | +$1,100 |