Target Price Playground
FTNT
$172.37
๐ข
FTNT IV: 55.9% โ LOW
(-26.3% vs 30d avg of 75.8%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $165 by Nov 20
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
Buy a longer-dated put, sell a shorter-dated OTM put. Profits from time decay + a moderate drop.
๐ฏ Target
65d from today
โ๏ธ Legs
LONG PUT ยท $170 ยท Dec '26
Qty 1 ยท Premium $17.7 ยท ฮ -0.41
SHORT PUT ยท $165 ยท Nov '26
Qty 1 ยท Premium $12.9 ยท ฮ -0.37
P&L at Expiry
Stock (100 sh)
Diagonal Put Spread
Now
Target
๐ก Stock vs Options at Target
If FTNT hits $165 by Nov 20: the diagonal put spread returns +$780 (162.6%) on $480 risked, vs $-737 (-4.3%) for 100 shares on $17,237. Options give 37.8ร capital efficiency.
๐ Expiry
Options expire Nov 20, 2026 (65 days out). P&L shown is the value at expiry if FTNT is at $165. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if FTNT hits $165 by Nov 20
+$780
+162.6% on $480 risked
Max Profit
+$763
If the stock price is favorable
Max Loss
โ$439
Worst-case within chart range
Break-even
$184.98
+7.32% from spot
Prob. of Target Hit
85%
IV-implied, 65d (rough)
Net ฮ / ฮ / V
-4.31 / 1.75 / 5.89
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
| FTNT Price | Today | Oct 7 | Oct 29 | Nov 20 (exp) |
|---|---|---|---|---|
| $138 (-20%) | +$76 | +$101 | +$120 | +$49 |
| $147 (-15%) | +$84 | +$124 | +$182 | +$167 |
| $155 (-10%) | +$79 | +$129 | +$218 | +$376 |
| $165 (-4%) โ target | +$56 | +$107 | +$207 | +$751 |
| $169 (-2%) | +$42 | +$91 | +$186 | +$551 |
| $172 (0%) โ spot | +$28 | +$74 | +$160 | +$396 |
| $176 (+2%) | +$13 | +$54 | +$129 | +$258 |
| $181 (+5%) | -$13 | +$20 | +$75 | +$84 |
| $190 (+10%) | -$61 | -$43 | -$27 | -$132 |
| $198 (+15%) | -$111 | -$110 | -$129 | -$274 |
| $207 (+20%) | -$162 | -$175 | -$220 | -$363 |
Uses FTNT's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.