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 $175 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
Bearish. Max profit if underlying crashes, capped loss.
🎯 Target
72d from today
⚙️ Legs
LONG PUT · $195 · Dec '26
Qty 1 · Premium $18.2 · Δ -0.43
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
💡 Stock vs Options at Target
If KLAC hits $175 by Dec 18: the long put returns +$180 (9.9%) on $1,820 risked, vs $-2,246 (-11.4%) for 100 shares on $19,746. Options give 0.9× capital efficiency.
📅 Expiry
Options expire Dec 18, 2026 (72 days out). P&L shown is the value at expiry if KLAC is at $175. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
📊 Projected Return
P&L if KLAC hits $175 by Dec 18
+$180
+9.9% on $1,820 risked
Max Profit
+$17,680
If stock → $0
Max Loss
−$1,820
Premium paid
Break-even
$176.80
-10.46% from spot
Prob. of Target Hit
62%
IV-implied, 72d (rough)
Net Δ / Θ / V
-42.7 / -13.1 / 34.24
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%) | +$2,127 | +$1,995 | +$1,883 | +$1,883 |
| $168 (-15%) | +$1,401 | +$1,208 | +$999 | +$896 |
| $175 (-11%) ← target | +$929 | +$698 | +$418 | +$180 |
| $178 (-10%) | +$763 | +$519 | +$215 | -$91 |
| $188 (-5%) | +$218 | -$63 | -$434 | -$1,079 |
| $194 (-2%) | -$66 | -$358 | -$750 | -$1,671 |
| $197 (0%) ← spot | -$238 | -$534 | -$930 | -$1,820 |
| $201 (+2%) | -$396 | -$693 | -$1,088 | -$1,820 |
| $207 (+5%) | -$609 | -$903 | -$1,283 | -$1,820 |
| $217 (+10%) | -$907 | -$1,181 | -$1,514 | -$1,820 |
| $227 (+15%) | -$1,139 | -$1,385 | -$1,655 | -$1,820 |
| $237 (+20%) | -$1,318 | -$1,530 | -$1,736 | -$1,820 |
Uses KLAC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.