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 $280 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
Own stock, sell OTM call for income. Caps upside.
๐ฏ Target
64d from today
โ๏ธ Legs
LONG 100 SHARES
@ $261.19 ยท ฮ 1.00
SHORT CALL ยท $280 ยท Aug '26
Qty 1 ยท Premium $25.0 ยท ฮ 0.46
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If KLAC hits $280 by Aug 21: the covered call returns +$4,381 (18.5%) on $23,619 risked, vs +$1,881 (7.2%) for 100 shares on $26,119. Options give 2.6ร capital efficiency.
๐ Expiry
Options expire Aug 21, 2026 (64 days out). P&L shown is the value at expiry if KLAC is at $280. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if KLAC hits $280 by Aug 21
+$4,381
+18.5% on $23,619 risked
Max Profit
+$4,381
If the stock โฅ $280 at expiry
Max Loss
โ$23,619
If stock โ $0 (minus premium received)
Break-even
$236.19
-9.57% from spot
Prob. of Target Hit
82%
IV-implied, 64d (rough)
Net ฮ / ฮ / V
53.5 / 25.55 / -43.93
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%) | -$3,457 | -$3,127 | -$2,830 | -$2,724 |
| $222 (-15%) | -$2,485 | -$2,070 | -$1,647 | -$1,418 |
| $235 (-10%) | -$1,596 | -$1,104 | -$548 | -$112 |
| $248 (-5%) | -$794 | -$235 | +$441 | +$1,194 |
| $256 (-2%) | -$354 | +$239 | +$974 | +$1,978 |
| $261 (0%) โ spot | -$77 | +$533 | +$1,302 | +$2,500 |
| $266 (+2%) | +$186 | +$812 | +$1,609 | +$3,022 |
| $274 (+5%) | +$556 | +$1,200 | +$2,028 | +$3,806 |
| $280 (+7%) โ target | +$810 | +$1,463 | +$2,304 | +$4,381 |
| $287 (+10%) | +$1,111 | +$1,771 | +$2,618 | +$4,381 |
| $300 (+15%) | +$1,592 | +$2,252 | +$3,083 | +$4,381 |
| $313 (+20%) | +$2,007 | +$2,652 | +$3,439 | +$4,381 |
Uses KLAC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.