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
Bearish. Max profit if underlying crashes, capped 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
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
๐ก Stock vs Options at Target
If ZS hits $105 by Jun 19: the long put returns $-144 (-8.8%) on $1,644 risked, vs $-1,599 (-13.2%) for 100 shares on $12,099. Options give 0.7ร 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
$-144
-8.8% on $1,644 risked
Max Profit
+$10,356
If stock โ $0
Max Loss
โ$1,644
Premium paid
Break-even
$103.56
-14.41% from spot
Prob. of Target Hit
63%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
-46.8 / -10.18 / 20.08
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%) | +$952 | +$833 | +$716 | +$677 |
| $103 (-15%) | +$531 | +$376 | +$199 | +$72 |
| $105 (-13%) โ target | +$392 | +$226 | +$28 | -$144 |
| $109 (-10%) | +$158 | -$26 | -$257 | -$533 |
| $115 (-5%) | -$166 | -$371 | -$640 | -$1,138 |
| $119 (-2%) | -$338 | -$551 | -$833 | -$1,501 |
| $121 (0%) โ spot | -$444 | -$660 | -$945 | -$1,644 |
| $123 (+2%) | -$543 | -$760 | -$1,046 | -$1,644 |
| $127 (+5%) | -$678 | -$895 | -$1,176 | -$1,644 |
| $133 (+10%) | -$873 | -$1,082 | -$1,342 | -$1,644 |
| $139 (+15%) | -$1,033 | -$1,228 | -$1,455 | -$1,644 |
| $145 (+20%) | -$1,163 | -$1,340 | -$1,530 | -$1,644 |
Uses ZS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.