Target Price Playground
HON
$229.01
๐ข
HON IV: 30.4% โ LOW
(-55.8% vs 30d avg of 68.8%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $220 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
Buy a longer-dated put, sell a shorter-dated OTM put. Profits from time decay + a moderate drop.
๐ฏ Target
64d from today
โ๏ธ Legs
LONG PUT ยท $230 ยท Sep '26
Qty 1 ยท Premium $15.3 ยท ฮ -0.47
SHORT PUT ยท $220 ยท Aug '26
Qty 1 ยท Premium $8.1 ยท ฮ -0.35
P&L at Expiry
Stock (100 sh)
Diagonal Put Spread
Now
Target
๐ก Stock vs Options at Target
If HON hits $220 by Aug 21: the diagonal put spread returns +$616 (85.6%) on $720 risked, vs $-901 (-3.9%) for 100 shares on $22,901. Options give 21.9ร capital efficiency.
๐ Expiry
Options expire Aug 21, 2026 (64 days out). P&L shown is the value at expiry if HON is at $220. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if HON hits $220 by Aug 21
+$616
+85.6% on $720 risked
Max Profit
+$589
If the stock price is favorable
Max Loss
โ$719
Worst-case within chart range
Break-even
$231.14
+0.93% from spot
Prob. of Target Hit
77%
IV-implied, 64d (rough)
Net ฮ / ฮ / V
-11.85 / 1.32 / 8.46
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%) | +$207 | +$220 | +$219 | +$204 |
| $195 (-15%) | +$190 | +$223 | +$250 | +$222 |
| $206 (-10%) | +$138 | +$190 | +$263 | +$303 |
| $218 (-5%) | +$47 | +$99 | +$190 | +$529 |
| $220 (-4%) โ target | +$23 | +$72 | +$159 | +$606 |
| $224 (-2%) | -$25 | +$17 | +$91 | +$330 |
| $229 (0%) โ spot | -$77 | -$46 | +$7 | +$86 |
| $234 (+2%) | -$132 | -$113 | -$85 | -$116 |
| $240 (+5%) | -$215 | -$215 | -$226 | -$346 |
| $252 (+10%) | -$348 | -$375 | -$431 | -$572 |
| $263 (+15%) | -$462 | -$503 | -$571 | -$670 |
| $275 (+20%) | -$551 | -$594 | -$650 | -$705 |
Uses HON's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.