Target Price Playground
LIN
$489.95
🟢
LIN IV: 23.4% — LOW
(-47.1% vs 30d avg of 44.3%)
Options are cheap vs 30d avg — good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $540 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
Own stock + buy put as insurance against downside.
🎯 Target
72d from today
⚙️ Legs
LONG 100 SHARES
@ $489.95 · Δ 1.00
LONG PUT · $465 · Dec '26
Qty 1 · Premium $12.5 · Δ -0.27
P&L at Expiry
Stock (100 sh)
Protective Put
Now
Target
💡 Stock vs Options at Target
If LIN hits $540 by Dec 18: the protective put returns +$3,755 (7.5%) on $50,245 risked, vs +$5,005 (10.2%) for 100 shares on $48,995. Options give 0.7× capital efficiency.
📅 Expiry
Options expire Dec 18, 2026 (72 days out). P&L shown is the value at expiry if LIN is at $540. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
📊 Projected Return
P&L if LIN hits $540 by Dec 18
+$3,755
+7.5% on $50,245 risked
Max Profit
Unlimited
Unlimited upside (minus put cost)
Max Loss
−$3,745
Put floors you at $465
Break-even
$502.45
+2.55% from spot
Prob. of Target Hit
33%
IV-implied, 72d (rough)
Net Δ / Θ / V
73.26 / -11.04 / 71.79
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
| LIN Price | Today | Oct 31 | Nov 24 | Dec 18 (exp) |
|---|---|---|---|---|
| $392 (-20%) | -$4,036 | -$3,981 | -$3,880 | -$3,745 |
| $416 (-15%) | -$3,743 | -$3,813 | -$3,841 | -$3,745 |
| $441 (-10%) | -$3,094 | -$3,308 | -$3,566 | -$3,745 |
| $465 (-5%) | -$1,974 | -$2,263 | -$2,662 | -$3,700 |
| $480 (-2%) | -$1,069 | -$1,353 | -$1,727 | -$2,230 |
| $490 (0%) ← spot | -$379 | -$642 | -$963 | -$1,250 |
| $500 (+2%) | +$372 | +$140 | -$117 | -$270 |
| $514 (+5%) | +$1,593 | +$1,415 | +$1,253 | +$1,200 |
| $540 (+10%) ← target | +$3,908 | +$3,815 | +$3,761 | +$3,755 |
| $563 (+15%) | +$6,157 | +$6,115 | +$6,100 | +$6,099 |
| $588 (+20%) | +$8,568 | +$8,552 | +$8,549 | +$8,549 |
Uses LIN's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.