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 $60 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
Own stock, sell OTM call for income. Caps upside.
🎯 Target
48d from today
⚙️ Legs
LONG 100 SHARES
@ $55.23 · Δ 1.00
SHORT CALL · $60 · Dec '26
Qty 1 · Premium $1.2 · Δ 0.28
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
💡 Stock vs Options at Target
If BKR hits $60 by Dec 18: the covered call returns +$597 (11.0%) on $5,403 risked, vs +$477 (8.6%) for 100 shares on $5,523. Options give 1.3× capital efficiency.
📅 Expiry
Options expire Dec 18, 2026 (48 days out). P&L shown is the value at expiry if BKR is at $60. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
📊 Projected Return
P&L if BKR hits $60 by Dec 18
+$597
+11.0% on $5,403 risked
Max Profit
+$597
If the stock ≥ $60 at expiry
Max Loss
−$5,403
If stock → $0 (minus premium received)
Break-even
$54.03
-2.17% from spot
Prob. of Target Hit
51%
IV-implied, 48d (rough)
Net Δ / Θ / V
71.59 / 2.51 / -7.36
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%) | -$987 | -$985 | -$985 | -$985 |
| $47 (-15%) | -$717 | -$710 | -$708 | -$708 |
| $50 (-10%) | -$458 | -$442 | -$433 | -$432 |
| $52 (-5%) | -$219 | -$188 | -$163 | -$156 |
| $54 (-2%) | -$88 | -$48 | -$8 | +$10 |
| $55 (0%) ← spot | -$9 | +$38 | +$89 | +$120 |
| $56 (+2%) | +$65 | +$118 | +$178 | +$230 |
| $58 (+5%) | +$165 | +$224 | +$298 | +$396 |
| $60 (+9%) ← target | +$268 | +$330 | +$411 | +$597 |
| $61 (+10%) | +$300 | +$363 | +$444 | +$597 |
| $64 (+15%) | +$398 | +$457 | +$527 | +$597 |
| $66 (+20%) | +$464 | +$514 | +$566 | +$597 |
Uses BKR's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.