Target Price Playground
BKR
$55.23
🟢
BKR IV: 33.7% — LOW
(-28.4% vs 30d avg of 47.0%)
Options are cheap vs 30d avg — good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $62 by Dec 18
Historical Backtest
Coming soon
Signal Backtest
Coming soon
📋 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 bullish. Debit, capped max profit + loss.
🎯 Target
48d from today
⚙️ Legs
LONG CALL · $55 · Dec '26
Qty 1 · Premium $2.8 · Δ 0.55
SHORT CALL · $60 · Dec '26
Qty 1 · Premium $1.2 · Δ 0.28
P&L at Expiry
Stock (100 sh)
Bull Call Spread
Now
Target
💡 Stock vs Options at Target
If BKR hits $62 by Dec 18: the bull call spread returns +$340 (212.5%) on $160 risked, vs +$677 (12.3%) for 100 shares on $5,523. Options give 17.3× capital efficiency.
📅 Expiry
Options expire Dec 18, 2026 (48 days out). P&L shown is the value at expiry if BKR is at $62. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
📊 Projected Return
P&L if BKR hits $62 by Dec 18
+$340
+212.5% on $160 risked
Max Profit
+$340
If the stock ≥ $60 at expiry
Max Loss
−$160
Net debit
Break-even
$56.60
+2.48% from spot
Prob. of Target Hit
35%
IV-implied, 48d (rough)
Net Δ / Θ / V
26.21 / -0.54 / 0.58
per spread, per $1 move / day / vol pt
📋 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 — ship first.
Reprices legs at (target_price, target_date) via Black-Scholes. Works on existing BS service. Simplest mode — 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 ≥ 80 for last 90d." Reuses score_backtest pipeline + strategy overlay.
"Run this strategy on every BUY-rated stock with score ≥ 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.
📊 P&L Scenarios — what happens at different prices and dates
| BKR Price | Today | Nov 16 | Dec 2 | Dec 18 (exp) |
|---|---|---|---|---|
| $44 (-20%) | -$149 | -$156 | -$160 | -$160 |
| $47 (-15%) | -$129 | -$144 | -$157 | -$160 |
| $50 (-10%) | -$94 | -$115 | -$144 | -$160 |
| $52 (-5%) | -$41 | -$61 | -$98 | -$160 |
| $54 (-2%) | -$2 | -$17 | -$49 | -$160 |
| $55 (0%) ← spot | +$26 | +$15 | -$8 | -$137 |
| $56 (+2%) | +$55 | +$49 | +$37 | -$27 |
| $58 (+5%) | +$98 | +$102 | +$109 | +$139 |
| $61 (+10%) | +$165 | +$182 | +$216 | +$340 |
| $62 (+12%) ← target | +$192 | +$214 | +$252 | +$340 |
| $64 (+15%) | +$221 | +$246 | +$286 | +$340 |
| $66 (+20%) | +$264 | +$288 | +$320 | +$340 |
Uses BKR's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.