Target Price Playground
IDXX
$551.21
🟢
IDXX IV: 33.4% — LOW
(-70.0% vs 30d avg of 111.5%)
Options are cheap vs 30d avg — good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $600 by Dec 18
Historical Backtest
Coming soon
Signal Backtest
Coming soon
📋 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
Own stock, sell OTM call for income. Caps upside.
🎯 Target
48d from today
⚙️ Legs
LONG 100 SHARES
@ $551.21 · Δ 1.00
SHORT CALL · $600 · Dec '26
Qty 1 · Premium $13.28 · Δ 0.3
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
💡 Stock vs Options at Target
If IDXX hits $600 by Dec 18: the covered call returns +$6,207 (11.5%) on $53,793 risked, vs +$4,879 (8.9%) for 100 shares on $55,121. Options give 1.3× capital efficiency.
📅 Expiry
Options expire Dec 18, 2026 (48 days out). P&L shown is the value at expiry if IDXX is at $600. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
📊 Projected Return
P&L if IDXX hits $600 by Dec 18
+$6,207
+11.5% on $53,793 risked
Max Profit
+$6,207
If the stock ≥ $600 at expiry
Max Loss
−$53,793
If stock → $0 (minus premium received)
Break-even
$537.93
-2.41% from spot
Prob. of Target Hit
51%
IV-implied, 48d (rough)
Net Δ / Θ / V
70.16 / 30.95 / -73.78
per spread, per $1 move / day / vol pt
📋 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 — ship first.
Reprices legs at (target_price, target_date) via Black-Scholes. Works on existing BS service. Simplest mode — 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 ≥ 80 for last 90d." Reuses score_backtest pipeline + strategy overlay.
"Run this strategy on every BUY-rated stock with score ≥ 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.
📊 P&L Scenarios — what happens at different prices and dates
| IDXX Price | Today | Nov 16 | Dec 2 | Dec 18 (exp) |
|---|---|---|---|---|
| $441 (-20%) | -$9,723 | -$9,700 | -$9,696 | -$9,696 |
| $469 (-15%) | -$7,036 | -$6,965 | -$6,941 | -$6,940 |
| $496 (-10%) | -$4,456 | -$4,287 | -$4,194 | -$4,184 |
| $524 (-5%) | -$2,069 | -$1,755 | -$1,498 | -$1,428 |
| $540 (-2%) | -$769 | -$357 | +$45 | +$226 |
| $551 (0%) ← spot | +$32 | +$506 | +$1,014 | +$1,328 |
| $562 (+2%) | +$775 | +$1,305 | +$1,916 | +$2,430 |
| $579 (+5%) | +$1,777 | +$2,373 | +$3,111 | +$4,084 |
| $600 (+9%) ← target | +$2,859 | +$3,497 | +$4,314 | +$6,207 |
| $606 (+10%) | +$3,138 | +$3,779 | +$4,597 | +$6,207 |
| $634 (+15%) | +$4,131 | +$4,738 | +$5,461 | +$6,207 |
| $661 (+20%) | +$4,813 | +$5,330 | +$5,868 | +$6,207 |
Uses IDXX's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.