Target Price Playground

Templates Custom Builder LEAP Simulator
MU
$1,133.99
๐ŸŸข
MU IV: 88.3% โ€” LOW (-23.0% vs 30d avg of 114.8%)
Options are cheap vs 30d avg โ€” good time to BUY options (long calls/puts, debit spreads).
Forward Projection If price hits $1000 by Aug 21
Historical Backtest Coming soon
Signal Backtest Coming soon

๐Ÿ“‹ Strategy

Moderately bearish. Debit, capped max profit + loss.

๐ŸŽฏ Target

64d from today

โš™๏ธ Legs

LONG PUT ยท $1130 ยท Aug '26
Qty 1 ยท Premium $178.0 ยท ฮ” -0.4
SHORT PUT ยท $1040 ยท Aug '26
Qty 1 ยท Premium $132.35 ยท ฮ” -0.33
P&L at Expiry Now $1134 Target $1000 $794 $1134 $1474
Stock (100 sh) Bear Put Spread Now Target
๐Ÿ’ก Stock vs Options at Target

If MU hits $1000 by Aug 21: the bear put spread returns +$4,435 (97.2%) on $4,565 risked, vs $-13,399 (-11.8%) for 100 shares on $113,399. Options give 8.2ร— capital efficiency.

๐Ÿ“… Expiry

Options expire Aug 21, 2026 (64 days out). P&L shown is the value at expiry if MU is at $1000. Use the 30d / 60d / 90d / 180d pills to compare different expiries.

๐Ÿ“Š Projected Return

P&L if MU hits $1000 by Aug 21
+$4,435
+97.2% on $4,565 risked
Max Profit
+$4,435
If the stock โ‰ค $1040 at expiry
Max Loss
โˆ’$4,565
Net debit
Break-even
$1084.35
-4.38% from spot
Prob. of Target Hit
75%
IV-implied, 64d (rough)
Net ฮ” / ฮ˜ / V
-7.59 / -11.69 / 8.03
per spread, per $1 move / day / vol pt
๐Ÿ’พ Log in to save ๐Ÿ“Š My Saved Strategies

๐Ÿ“‹ 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.
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.
Signal Backtest
"Run this strategy on every BUY-rated stock with score โ‰ฅ 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.

๐Ÿ“Š P&L Scenarios โ€” what happens at different prices and dates

MU Price Today Jul 9 Jul 30 Aug 21 (exp)
$907 (-20%) +$2,047 +$2,278 +$2,789 +$4,435
$964 (-15%) +$1,551 +$1,693 +$2,055 +$4,435
$1000 (-12%) โ† target +$1,230 +$1,305 +$1,538 +$4,435
$1021 (-10%) +$1,046 +$1,082 +$1,232 +$4,435
$1077 (-5%) +$545 +$468 +$376 +$706
$1111 (-2%) +$250 +$106 -$132 -$2,696
$1134 (0%) โ† spot +$56 -$131 -$462 -$4,565
$1157 (+2%) -$134 -$363 -$783 -$4,565
$1191 (+5%) -$411 -$700 -$1,241 -$4,565
$1247 (+10%) -$852 -$1,228 -$1,932 -$4,565
$1304 (+15%) -$1,263 -$1,709 -$2,523 -$4,565
$1361 (+20%) -$1,641 -$2,140 -$3,011 -$4,565
Uses MU's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.