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 $135 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 + buy put as insurance against downside.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG 100 SHARES
@ $120.99 ยท ฮ 1.00
LONG PUT ยท $115 ยท Jun '26
Qty 1 ยท Premium $13.89 ยท ฮ -0.41
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If ZS hits $135 by Jun 19: the protective put returns +$12 (0.1%) on $13,488 risked, vs +$1,401 (11.6%) for 100 shares on $12,099.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if ZS is at $135. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if ZS hits $135 by Jun 19
+$12
+0.1% on $13,488 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$1,988
Put floors you at $115
Break-even
$134.88
+11.48% from spot
Prob. of Target Hit
67%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
58.54 / -10.35 / 19.6
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%) | -$1,607 | -$1,745 | -$1,898 | -$1,988 |
| $103 (-15%) | -$1,388 | -$1,558 | -$1,767 | -$1,988 |
| $109 (-10%) | -$1,119 | -$1,312 | -$1,564 | -$1,988 |
| $115 (-5%) | -$801 | -$1,006 | -$1,279 | -$1,988 |
| $119 (-2%) | -$587 | -$795 | -$1,070 | -$1,631 |
| $121 (0%) โ spot | -$436 | -$644 | -$915 | -$1,389 |
| $123 (+2%) | -$279 | -$485 | -$750 | -$1,147 |
| $127 (+5%) | -$30 | -$231 | -$483 | -$784 |
| $133 (+10%) | +$412 | +$225 | +$6 | -$179 |
| $135 (+12%) โ target | +$559 | +$377 | +$169 | +$12 |
| $139 (+15%) | +$887 | +$717 | +$535 | +$426 |
| $145 (+20%) | +$1,388 | +$1,238 | +$1,094 | +$1,031 |
Uses ZS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.