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 $200 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
Bearish. Max profit if underlying crashes, capped loss.
๐ฏ Target
64d from today
โ๏ธ Legs
LONG PUT ยท $230 ยท Aug '26
Qty 1 ยท Premium $13.4 ยท ฮ -0.48
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
๐ก Stock vs Options at Target
If HON hits $200 by Aug 21: the long put returns +$1,660 (123.9%) on $1,340 risked, vs $-2,901 (-12.7%) for 100 shares on $22,901. Options give 9.8ร capital efficiency.
๐ Expiry
Options expire Aug 21, 2026 (64 days out). P&L shown is the value at expiry if HON is at $200. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if HON hits $200 by Aug 21
+$1,660
+123.9% on $1,340 risked
Max Profit
+$21,660
If stock โ $0
Max Loss
โ$1,340
Premium paid
Break-even
$216.60
-5.42% from spot
Prob. of Target Hit
33%
IV-implied, 64d (rough)
Net ฮ / ฮ / V
-48.09 / -9.26 / 37.84
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%) | +$3,210 | +$3,233 | +$3,277 | +$3,339 |
| $195 (-15%) | +$2,164 | +$2,138 | +$2,141 | +$2,194 |
| $200 (-13%) โ target | +$1,710 | +$1,654 | +$1,622 | +$1,660 |
| $206 (-10%) | +$1,224 | +$1,132 | +$1,049 | +$1,049 |
| $218 (-5%) | +$433 | +$280 | +$92 | -$96 |
| $224 (-2%) | +$40 | -$136 | -$369 | -$783 |
| $229 (0%) โ spot | -$186 | -$371 | -$619 | -$1,241 |
| $234 (+2%) | -$384 | -$571 | -$821 | -$1,340 |
| $240 (+5%) | -$633 | -$813 | -$1,043 | -$1,340 |
| $252 (+10%) | -$931 | -$1,079 | -$1,240 | -$1,340 |
| $263 (+15%) | -$1,117 | -$1,223 | -$1,313 | -$1,340 |
| $275 (+20%) | -$1,225 | -$1,291 | -$1,334 | -$1,340 |
Uses HON's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.