Target Price Playground

Templates Custom Builder LEAP Simulator
HON
$229.01
๐ŸŸข
HON IV: 29.8% โ€” LOW (-55.1% 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 $240 by Aug 21
Historical Backtest Coming soon
Signal Backtest Coming soon

๐Ÿ“‹ 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
Sell OTM put for premium; get assigned if price drops.

๐ŸŽฏ Target

64d from today

โš™๏ธ Legs

SHORT PUT ยท $210 ยท Aug '26
Qty 1 ยท Premium $4.9 ยท ฮ” -0.24
P&L at Expiry Now $229 Target $240 $160 $229 $298
Stock (100 sh) Cash-Secured Put Now Target
๐Ÿ’ก Stock vs Options at Target

If HON hits $240 by Aug 21: the cash-secured put returns +$490 (2.4%) on $-490 credit (max loss $20,510), vs +$1,099 (4.8%) for 100 shares on $22,901. Options give 0.5ร— capital efficiency.

๐Ÿ“… Expiry

Options expire Aug 21, 2026 (64 days out). P&L shown is the value at expiry if HON is at $240. Use the 30d / 60d / 90d / 180d pills to compare different expiries.

๐Ÿ“Š Projected Return

P&L if HON hits $240 by Aug 21
+$490
+2.4% on $20,510 max loss
Max Profit
+$490
If the stock โ‰ฅ $210 at expiry
Max Loss
โˆ’$20,510
If stock โ†’ $0 after assignment
Break-even
$205.10
-10.44% from spot
Prob. of Target Hit
71%
IV-implied, 64d (rough)
Net ฮ” / ฮ˜ / V
23.82 / 7.43 / -31.22
per spread, per $1 move / day / vol pt
๐Ÿ’พ Log in to save ๐Ÿ“Š My Saved Strategies

๐Ÿ“‹ 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.
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.
Signal Backtest
"Run this strategy on every BUY-rated stock with score โ‰ฅ 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.

๐Ÿ“Š P&L Scenarios โ€” what happens at different prices and dates

HON Price Today Jul 9 Jul 30 Aug 21 (exp)
$183 (-20%) -$2,245 -$2,191 -$2,157 -$2,189
$195 (-15%) -$1,386 -$1,266 -$1,129 -$1,044
$206 (-10%) -$709 -$545 -$327 +$101
$218 (-5%) -$222 -$55 +$163 +$490
$224 (-2%) -$14 +$139 +$323 +$490
$229 (0%) โ† spot +$96 +$234 +$388 +$490
$234 (+2%) +$185 +$307 +$430 +$490
$240 (+5%) โ† target +$281 +$379 +$464 +$490
$252 (+10%) +$391 +$449 +$485 +$490
$263 (+15%) +$445 +$476 +$489 +$490
$275 (+20%) +$470 +$486 +$490 +$490
Uses HON's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.