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 $64 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
Bet on big move in either direction. Two premiums paid.
🎯 Target
48d from today
⚙️ Legs
LONG CALL · $55 · Dec '26
Qty 1 · Premium $2.8 · Δ 0.55
LONG PUT · $55 · Dec '26
Qty 1 · Premium $2.85 · Δ -0.45
P&L at Expiry
Stock (100 sh)
Long Straddle
Now
Target
💡 Stock vs Options at Target
If BKR hits $64 by Dec 18: the long straddle returns +$335 (59.3%) on $565 risked, vs +$877 (15.9%) for 100 shares on $5,523. Options give 3.7× capital efficiency.
📅 Expiry
Options expire Dec 18, 2026 (48 days out). P&L shown is the value at expiry if BKR is at $64. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
📊 Projected Return
P&L if BKR hits $64 by Dec 18
+$335
+59.3% on $565 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
−$565
Both premiums paid
Break-even
$60.65
+9.81% from spot
Prob. of Target Hit
22%
IV-implied, 48d (rough)
Net Δ / Θ / V
9.29 / -5.92 / 15.89
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%) | +$512 | +$504 | +$507 | +$517 |
| $47 (-15%) | +$287 | +$254 | +$234 | +$240 |
| $50 (-10%) | +$117 | +$52 | -$12 | -$36 |
| $52 (-5%) | +$20 | -$72 | -$186 | -$312 |
| $54 (-2%) | +$3 | -$99 | -$232 | -$478 |
| $55 (0%) ← spot | +$9 | -$96 | -$233 | -$542 |
| $56 (+2%) | +$28 | -$77 | -$211 | -$432 |
| $58 (+5%) | +$80 | -$19 | -$139 | -$266 |
| $61 (+10%) | +$221 | +$140 | +$57 | +$10 |
| $64 (+16%) ← target | +$453 | +$397 | +$353 | +$335 |
| $66 (+20%) | +$644 | +$604 | +$576 | +$563 |
Uses BKR's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.