Target Price Playground
ZS
$118.05
๐ข
ZS IV: 59.7% โ LOW
(-20.3% 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
Bet on big move in either direction. Two premiums paid.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $120 ยท Jun '26
Qty 1 ยท Premium $13.95 ยท ฮ 0.54
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 Straddle
Now
Target
๐ก Stock vs Options at Target
If ZS hits $135 by Jun 19: the long straddle returns $-1,539 (-50.6%) on $3,039 risked, vs +$1,695 (14.4%) for 100 shares on $11,805. Options give 3.5ร capital efficiency.
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
$-1,539
-50.6% on $3,039 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$3,039
Both premiums paid
Break-even
$89.61
-24.09% from spot
Prob. of Target Hit
61%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
6.79 / -21.56 / 40.14
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) |
|---|---|---|---|---|
| $94 (-20%) | +$89 | -$165 | -$403 | -$483 |
| $100 (-15%) | -$169 | -$495 | -$851 | -$1,073 |
| $106 (-10%) | -$339 | -$729 | -$1,196 | -$1,664 |
| $112 (-5%) | -$418 | -$856 | -$1,413 | -$2,254 |
| $116 (-2%) | -$423 | -$881 | -$1,474 | -$2,608 |
| $118 (0%) โ spot | -$409 | -$877 | -$1,486 | -$2,844 |
| $120 (+2%) | -$382 | -$856 | -$1,475 | -$2,998 |
| $124 (+5%) | -$316 | -$795 | -$1,416 | -$2,644 |
| $130 (+10%) | -$146 | -$619 | -$1,215 | -$2,053 |
| $135 (+14%) โ target | +$59 | -$398 | -$950 | -$1,539 |
| $142 (+20%) | +$393 | -$30 | -$507 | -$873 |
Uses ZS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.