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 $200 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
Bet on big move in either direction. Two premiums paid.
๐ฏ Target
65d from today
โ๏ธ Legs
LONG CALL ยท $170 ยท Nov '26
Qty 1 ยท Premium $19.15 ยท ฮ 0.59
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 Straddle
Now
Target
๐ก Stock vs Options at Target
If FTNT hits $200 by Nov 20: the long straddle returns $-415 (-12.2%) on $3,415 risked, vs +$2,763 (16.0%) for 100 shares on $17,237. Options give 0.8ร capital efficiency.
๐ Expiry
Options expire Nov 20, 2026 (65 days out). P&L shown is the value at expiry if FTNT is at $200. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if FTNT hits $200 by Nov 20
$-415
-12.2% on $3,415 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$3,415
Both premiums paid
Break-even
$204.15
+18.44% from spot
Prob. of Target Hit
48%
IV-implied, 65d (rough)
Net ฮ / ฮ / V
16.88 / -25.61 / 56.95
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%) | +$373 | +$102 | -$148 | -$205 |
| $147 (-15%) | -$36 | -$408 | -$828 | -$1,066 |
| $155 (-10%) | -$289 | -$748 | -$1,331 | -$1,928 |
| $164 (-5%) | -$380 | -$898 | -$1,597 | -$2,790 |
| $169 (-2%) | -$359 | -$895 | -$1,629 | -$3,307 |
| $172 (0%) โ spot | -$313 | -$856 | -$1,597 | -$3,178 |
| $176 (+2%) | -$244 | -$788 | -$1,525 | -$2,833 |
| $181 (+5%) | -$99 | -$635 | -$1,345 | -$2,316 |
| $190 (+10%) | +$248 | -$257 | -$883 | -$1,454 |
| $198 (+15%) | +$706 | +$252 | -$264 | -$592 |
| $200 (+16%) โ target | +$813 | +$370 | -$122 | -$415 |
| $207 (+20%) | +$1,258 | +$862 | +$459 | +$269 |
Uses FTNT's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.