Target Price Playground
KLAC
$258.08
๐ก
KLAC IV: 68.9% โ NORMAL
(-4.9% vs 30d avg of 72.5%)
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
@ $258.08 ยท ฮ 1.00
SHORT CALL ยท $280 ยท Aug '26
Qty 1 ยท Premium $25.4 ยท ฮ 0.47
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 +$4,732 (20.3%) on $23,269 risked, vs +$2,192 (8.5%) for 100 shares on $25,809. Options give 2.4ร 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
+$4,732
+20.3% on $23,269 risked
Max Profit
+$4,732
If the stock โฅ $280 at expiry
Max Loss
โ$23,269
If stock โ $0 (minus premium received)
Break-even
$232.68
-9.84% from spot
Prob. of Target Hit
78%
IV-implied, 64d (rough)
Net ฮ / ฮ / V
53.1 / 25.74 / -44.0
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) |
|---|---|---|---|---|
| $206 (-20%) | -$3,292 | -$2,980 | -$2,710 | -$2,622 |
| $219 (-15%) | -$2,313 | -$1,918 | -$1,525 | -$1,331 |
| $232 (-10%) | -$1,416 | -$942 | -$419 | -$41 |
| $245 (-5%) | -$603 | -$60 | +$586 | +$1,250 |
| $253 (-2%) | -$155 | +$422 | +$1,131 | +$2,024 |
| $258 (0%) โ spot | +$126 | +$723 | +$1,469 | +$2,540 |
| $263 (+2%) | +$394 | +$1,008 | +$1,785 | +$3,056 |
| $271 (+5%) | +$772 | +$1,407 | +$2,219 | +$3,830 |
| $280 (+8%) โ target | +$1,177 | +$1,827 | +$2,664 | +$4,732 |
| $284 (+10%) | +$1,340 | +$1,995 | +$2,836 | +$4,732 |
| $297 (+15%) | +$1,835 | +$2,493 | +$3,328 | +$4,732 |
| $310 (+20%) | +$2,262 | +$2,909 | +$3,707 | +$4,732 |
Uses KLAC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.