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
Bullish. Unlimited upside, capped loss = premium paid.
🎯 Target
48d from today
⚙️ Legs
LONG CALL · $55 · Dec '26
Qty 1 · Premium $2.8 · Δ 0.55
P&L at Expiry
Stock (100 sh)
Long Call
Now
Target
💡 Stock vs Options at Target
If BKR hits $62 by Dec 18: the long call returns +$420 (150.0%) on $280 risked, vs +$677 (12.3%) for 100 shares on $5,523. Options give 12.2× 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
+$420
+150.0% on $280 risked
Max Profit
Unlimited
Unlimited upside
Max Loss
−$280
Premium paid
Break-even
$57.80
+4.65% from spot
Prob. of Target Hit
35%
IV-implied, 48d (rough)
Net Δ / Θ / V
54.62 / -3.05 / 7.94
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%) | -$266 | -$276 | -$280 | -$280 |
| $47 (-15%) | -$240 | -$262 | -$277 | -$280 |
| $50 (-10%) | -$188 | -$225 | -$263 | -$280 |
| $52 (-5%) | -$98 | -$149 | -$212 | -$280 |
| $54 (-2%) | -$23 | -$80 | -$151 | -$280 |
| $55 (0%) ← spot | +$35 | -$23 | -$97 | -$257 |
| $56 (+2%) | +$99 | +$42 | -$31 | -$147 |
| $58 (+5%) | +$208 | +$153 | +$88 | +$19 |
| $61 (+10%) | +$417 | +$371 | +$324 | +$295 |
| $62 (+12%) ← target | +$520 | +$479 | +$441 | +$420 |
| $64 (+15%) | +$651 | +$616 | +$586 | +$571 |
| $66 (+20%) | +$905 | +$879 | +$860 | +$848 |
Uses BKR's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.