Target Price Playground
HON
$229.01
๐ข
HON IV: 30.7% โ LOW
(-53.8% vs 30d avg of 66.3%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $255 by Aug 21
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
Moderately bullish. Debit, capped max profit + loss.
๐ฏ Target
64d from today
โ๏ธ Legs
LONG CALL ยท $230 ยท Aug '26
Qty 1 ยท Premium $12.5 ยท ฮ 0.52
SHORT CALL ยท $245 ยท Aug '26
Qty 1 ยท Premium $6.6 ยท ฮ 0.35
P&L at Expiry
Stock (100 sh)
Bull Call Spread
Now
Target
๐ก Stock vs Options at Target
If HON hits $255 by Aug 21: the bull call spread returns +$910 (154.3%) on $590 risked, vs +$2,599 (11.3%) for 100 shares on $22,901. Options give 13.7ร capital efficiency.
๐ Expiry
Options expire Aug 21, 2026 (64 days out). P&L shown is the value at expiry if HON is at $255. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if HON hits $255 by Aug 21
+$910
+154.3% on $590 risked
Max Profit
+$910
If the stock โฅ $245 at expiry
Max Loss
โ$590
Net debit
Break-even
$235.90
+3.01% from spot
Prob. of Target Hit
39%
IV-implied, 64d (rough)
Net ฮ / ฮ / V
17.0 / -0.75 / 2.31
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
| HON Price | Today | Jul 9 | Jul 30 | Aug 21 (exp) |
|---|---|---|---|---|
| $183 (-20%) | -$553 | -$577 | -$589 | -$590 |
| $195 (-15%) | -$491 | -$539 | -$581 | -$590 |
| $206 (-10%) | -$379 | -$445 | -$535 | -$590 |
| $218 (-5%) | -$213 | -$276 | -$389 | -$590 |
| $224 (-2%) | -$94 | -$140 | -$235 | -$590 |
| $229 (0%) โ spot | -$9 | -$40 | -$107 | -$590 |
| $234 (+2%) | +$77 | +$64 | +$33 | -$231 |
| $240 (+5%) | +$207 | +$221 | +$250 | +$456 |
| $252 (+10%) | +$406 | +$460 | +$563 | +$910 |
| $255 (+11%) โ target | +$455 | +$516 | +$629 | +$910 |
| $263 (+15%) | +$571 | +$643 | +$762 | +$910 |
| $275 (+20%) | +$694 | +$765 | +$857 | +$910 |
Uses HON's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.