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 $150 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
Bearish. Max profit if underlying crashes, capped loss.
๐ฏ Target
65d from today
โ๏ธ Legs
LONG PUT ยท $170 ยท Nov '26
Qty 1 ยท Premium $15.0 ยท ฮ -0.42
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
๐ก Stock vs Options at Target
If FTNT hits $150 by Nov 20: the long put returns +$500 (33.3%) on $1,500 risked, vs $-2,237 (-13.0%) for 100 shares on $17,237. Options give 2.6ร capital efficiency.
๐ Expiry
Options expire Nov 20, 2026 (65 days out). P&L shown is the value at expiry if FTNT is at $150. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if FTNT hits $150 by Nov 20
+$500
+33.3% on $1,500 risked
Max Profit
+$15,500
If stock โ $0
Max Loss
โ$1,500
Premium paid
Break-even
$155.00
-10.08% from spot
Prob. of Target Hit
57%
IV-implied, 65d (rough)
Net ฮ / ฮ / V
-41.7 / -11.99 / 28.48
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%) | +$1,931 | +$1,818 | +$1,715 | +$1,710 |
| $147 (-15%) | +$1,296 | +$1,132 | +$945 | +$849 |
| $150 (-13%) โ target | +$1,061 | +$878 | +$656 | +$500 |
| $155 (-10%) | +$739 | +$531 | +$262 | -$13 |
| $164 (-5%) | +$262 | +$25 | -$301 | -$875 |
| $169 (-2%) | +$14 | -$232 | -$576 | -$1,392 |
| $172 (0%) โ spot | -$135 | -$385 | -$733 | -$1,500 |
| $176 (+2%) | -$273 | -$524 | -$869 | -$1,500 |
| $181 (+5%) | -$459 | -$706 | -$1,038 | -$1,500 |
| $190 (+10%) | -$717 | -$947 | -$1,237 | -$1,500 |
| $198 (+15%) | -$919 | -$1,124 | -$1,359 | -$1,500 |
| $207 (+20%) | -$1,073 | -$1,250 | -$1,428 | -$1,500 |
Uses FTNT's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.