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 $285 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 + buy put as insurance against downside.
๐ฏ Target
64d from today
โ๏ธ Legs
LONG 100 SHARES
@ $261.19 ยท ฮ 1.00
LONG PUT ยท $250 ยท Aug '26
Qty 1 ยท Premium $26.8 ยท ฮ -0.39
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
๐ก Stock vs Options at Target
If KLAC hits $285 by Aug 21: the protective put returns $-299 (-1.0%) on $28,799 risked, vs +$2,381 (9.1%) for 100 shares on $26,119. Options give 0.1ร capital efficiency.
๐ Expiry
Options expire Aug 21, 2026 (64 days out). P&L shown is the value at expiry if KLAC is at $285. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if KLAC hits $285 by Aug 21
$-299
-1.0% on $28,799 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
โ$3,799
Put floors you at $250
Break-even
$287.99
+10.26% from spot
Prob. of Target Hit
77%
IV-implied, 64d (rough)
Net ฮ / ฮ / V
60.89 / -23.83 / 41.49
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%) | -$2,703 | -$3,073 | -$3,496 | -$3,799 |
| $222 (-15%) | -$2,201 | -$2,638 | -$3,181 | -$3,799 |
| $235 (-10%) | -$1,603 | -$2,090 | -$2,723 | -$3,799 |
| $248 (-5%) | -$913 | -$1,429 | -$2,112 | -$3,799 |
| $256 (-2%) | -$457 | -$981 | -$1,673 | -$3,202 |
| $261 (0%) โ spot | -$136 | -$662 | -$1,352 | -$2,680 |
| $266 (+2%) | +$197 | -$328 | -$1,010 | -$2,158 |
| $274 (+5%) | +$720 | +$201 | -$459 | -$1,374 |
| $285 (+9%) โ target | +$1,478 | +$976 | +$361 | -$299 |
| $300 (+15%) | +$2,636 | +$2,170 | +$1,641 | +$1,238 |
| $313 (+20%) | +$3,679 | +$3,252 | +$2,802 | +$2,544 |
Uses KLAC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.