Target Price Playground
KLAC
$197.46
🟢
KLAC IV: 51.1% — LOW
(-35.8% vs 30d avg of 79.6%)
Options are cheap vs 30d avg — good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $220 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
Moderately bullish. Debit, capped max profit + loss.
🎯 Target
72d from today
⚙️ Legs
LONG CALL · $195 · Dec '26
Qty 1 · Premium $22.2 · Δ 0.57
SHORT CALL · $215 · Dec '26
Qty 1 · Premium $18.3 · Δ 0.42
P&L at Expiry
Stock (100 sh)
Bull Call Spread
Now
Target
💡 Stock vs Options at Target
If KLAC hits $220 by Dec 18: the bull call spread returns +$1,610 (412.8%) on $390 risked, vs +$2,254 (11.4%) for 100 shares on $19,746. Options give 36.2× capital efficiency.
📅 Expiry
Options expire Dec 18, 2026 (72 days out). P&L shown is the value at expiry if KLAC is at $220. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
📊 Projected Return
P&L if KLAC hits $220 by Dec 18
+$1,610
+412.8% on $390 risked
Max Profit
+$1,610
If the stock ≥ $215 at expiry
Max Loss
−$390
Net debit
Break-even
$198.90
+0.73% from spot
Prob. of Target Hit
62%
IV-implied, 72d (rough)
Net Δ / Θ / V
14.64 / 0.15 / -1.76
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
| KLAC Price | Today | Oct 31 | Nov 24 | Dec 18 (exp) |
|---|---|---|---|---|
| $158 (-20%) | -$162 | -$240 | -$341 | -$390 |
| $168 (-15%) | -$45 | -$127 | -$261 | -$390 |
| $178 (-10%) | +$95 | +$23 | -$117 | -$390 |
| $188 (-5%) | +$251 | +$204 | +$95 | -$390 |
| $194 (-2%) | +$350 | +$322 | +$249 | -$390 |
| $197 (0%) ← spot | +$416 | +$402 | +$359 | -$144 |
| $201 (+2%) | +$483 | +$484 | +$472 | +$251 |
| $207 (+5%) | +$582 | +$604 | +$642 | +$843 |
| $217 (+10%) | +$740 | +$797 | +$908 | +$1,610 |
| $220 (+11%) ← target | +$783 | +$849 | +$976 | +$1,610 |
| $227 (+15%) | +$886 | +$971 | +$1,131 | +$1,610 |
| $237 (+20%) | +$1,017 | +$1,121 | +$1,302 | +$1,610 |
Uses KLAC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.