Target Price Playground
KLAC
$261.19
๐ก
KLAC IV: 68.1% โ NORMAL
(-7.7% vs 30d avg of 73.8%)
IV is near its 30-day average โ no strong edge either way.
Forward Projection
If price hits $230 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 bearish. Debit, capped max profit + loss.
๐ฏ Target
64d from today
โ๏ธ Legs
LONG PUT ยท $260 ยท Aug '26
Qty 1 ยท Premium $32.4 ยท ฮ -0.44
SHORT PUT ยท $240 ยท Aug '26
Qty 1 ยท Premium $22.7 ยท ฮ -0.34
P&L at Expiry
Stock (100 sh)
Bear Put Spread
Now
Target
๐ก Stock vs Options at Target
If KLAC hits $230 by Aug 21: the bear put spread returns +$1,030 (106.2%) on $970 risked, vs $-3,119 (-11.9%) for 100 shares on $26,119. Options give 8.9ร capital efficiency.
๐ Expiry
Options expire Aug 21, 2026 (64 days out). P&L shown is the value at expiry if KLAC is at $230. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if KLAC hits $230 by Aug 21
+$1,030
+106.2% on $970 risked
Max Profit
+$1,030
If the stock โค $240 at expiry
Max Loss
โ$970
Net debit
Break-even
$250.30
-4.17% from spot
Prob. of Target Hit
70%
IV-implied, 64d (rough)
Net ฮ / ฮ / V
-9.92 / -1.97 / 1.72
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
| KLAC Price | Today | Jul 9 | Jul 30 | Aug 21 (exp) |
|---|---|---|---|---|
| $209 (-20%) | +$536 | +$600 | +$730 | +$1,030 |
| $222 (-15%) | +$408 | +$452 | +$553 | +$1,030 |
| $230 (-12%) โ target | +$328 | +$356 | +$428 | +$1,030 |
| $235 (-10%) | +$276 | +$293 | +$343 | +$1,030 |
| $248 (-5%) | +$143 | +$132 | +$119 | +$217 |
| $256 (-2%) | +$65 | +$36 | -$15 | -$567 |
| $261 (0%) โ spot | +$14 | -$27 | -$102 | -$970 |
| $266 (+2%) | -$36 | -$87 | -$185 | -$970 |
| $274 (+5%) | -$109 | -$175 | -$302 | -$970 |
| $287 (+10%) | -$223 | -$310 | -$474 | -$970 |
| $300 (+15%) | -$327 | -$430 | -$613 | -$970 |
| $313 (+20%) | -$421 | -$533 | -$721 | -$970 |
Uses KLAC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.