Sell OTM put for premium; get assigned if price drops.
๐ฏ Target
48d from today
โ๏ธ Legs
SHORT PUT ยท $66 ยท Sep '26
Qty 1 ยท Premium $1.4 ยท ฮ -0.23
P&L at Expiry
Stock (100 sh)Cash-Secured PutNowTarget
๐ก Stock vs Options at Target
If NFLX hits $75 by Sep 18:
the cash-secured put returns
+$140
(2.2%)
on $-140 credit (max loss $6,460), vs
+$329
(4.6%)
for 100 shares on $7,171.
Options give 0.5ร capital efficiency.
๐ Expiry
Options expire Sep 18, 2026
(48 days out).
P&L shown is the value at expiry if NFLX is at $75.
Use the 30d / 60d / 90d / 180d pills to compare different expiries.
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 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.
๐ P&L Scenarios โ what happens at different prices and dates
NFLX Price
Today
Aug 17
Sep 2
Sep 18 (exp)
$57
(-20%)
-$769
-$742
-$721
-$723
$61
(-15%)
-$505
-$457
-$403
-$365
$65
(-10%)
-$292
-$231
-$151
-$6
$68
(-5%)
-$134
-$71
+$11
+$140
$70
(-2%)
-$62
-$4
+$68
+$140
$72
(0%)โ spot
-$24
+$31
+$93
+$140
$73
(+2%)
+$8
+$58
+$111
+$140
$75
(+5%)โ target
+$42
+$84
+$125
+$140
$79
(+10%)
+$89
+$117
+$137
+$140
$82
(+15%)
+$114
+$131
+$139
+$140
$86
(+20%)
+$127
+$136
+$140
+$140
Uses NFLX's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.