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
Bearish. Max profit if underlying crashes, capped 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
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
๐ก Stock vs Options at Target
If KLAC hits $230 by Aug 21: the long put returns $-240 (-7.4%) on $3,240 risked, vs $-3,119 (-11.9%) for 100 shares on $26,119. Options give 0.6ร capital efficiency.
๐ Expiry
Options expire Aug 21, 2026 (64 days out). P&L shown is the value at expiry if KLAC is at $230. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if KLAC hits $230 by Aug 21
$-240
-7.4% on $3,240 risked
Max Profit
+$22,760
If stock โ $0
Max Loss
โ$3,240
Premium paid
Break-even
$227.60
-12.86% from spot
Prob. of Target Hit
70%
IV-implied, 64d (rough)
Net ฮ / ฮ / V
-44.06 / -24.9 / 42.35
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%) | +$2,734 | +$2,398 | +$2,043 | +$1,865 |
| $222 (-15%) | +$1,868 | +$1,457 | +$972 | +$559 |
| $230 (-12%) โ target | +$1,385 | +$934 | +$377 | -$240 |
| $235 (-10%) | +$1,096 | +$623 | +$26 | -$747 |
| $248 (-5%) | +$415 | -$102 | -$778 | -$2,053 |
| $256 (-2%) | +$48 | -$485 | -$1,190 | -$2,837 |
| $261 (0%) โ spot | -$179 | -$720 | -$1,435 | -$3,240 |
| $266 (+2%) | -$393 | -$938 | -$1,658 | -$3,240 |
| $274 (+5%) | -$691 | -$1,238 | -$1,952 | -$3,240 |
| $287 (+10%) | -$1,128 | -$1,665 | -$2,344 | -$3,240 |
| $300 (+15%) | -$1,498 | -$2,012 | -$2,631 | -$3,240 |
| $313 (+20%) | -$1,809 | -$2,290 | -$2,835 | -$3,240 |
Uses KLAC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.