Target Price Playground
SNPS
$467.61
🟢
SNPS IV: 43.1% — LOW
(-56.7% vs 30d avg of 99.6%)
Options are cheap vs 30d avg — good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $520 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
Moderately bullish. Debit, capped max profit + loss.
🎯 Target
48d from today
⚙️ Legs
LONG CALL · $470 · Dec '26
Qty 1 · Premium $33.3 · Δ 0.54
SHORT CALL · $510 · Dec '26
Qty 1 · Premium $19.2 · Δ 0.37
P&L at Expiry
Stock (100 sh)
Bull Call Spread
Now
Target
💡 Stock vs Options at Target
If SNPS hits $520 by Dec 18: the bull call spread returns +$2,590 (183.7%) on $1,410 risked, vs +$5,239 (11.2%) for 100 shares on $46,761. Options give 16.4× capital efficiency.
📅 Expiry
Options expire Dec 18, 2026 (48 days out). P&L shown is the value at expiry if SNPS is at $520. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
📊 Projected Return
P&L if SNPS hits $520 by Dec 18
+$2,590
+183.7% on $1,410 risked
Max Profit
+$2,590
If the stock ≥ $510 at expiry
Max Loss
−$1,410
Net debit
Break-even
$484.10
+3.53% from spot
Prob. of Target Hit
50%
IV-implied, 48d (rough)
Net Δ / Θ / V
16.58 / -4.48 / 5.25
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
| SNPS Price | Today | Nov 16 | Dec 2 | Dec 18 (exp) |
|---|---|---|---|---|
| $374 (-20%) | -$1,214 | -$1,318 | -$1,398 | -$1,410 |
| $397 (-15%) | -$1,019 | -$1,170 | -$1,345 | -$1,410 |
| $421 (-10%) | -$730 | -$903 | -$1,174 | -$1,410 |
| $444 (-5%) | -$357 | -$504 | -$791 | -$1,410 |
| $458 (-2%) | -$104 | -$211 | -$445 | -$1,410 |
| $468 (0%) ← spot | +$73 | -$1 | -$173 | -$1,410 |
| $477 (+2%) | +$254 | +$217 | +$121 | -$714 |
| $491 (+5%) | +$525 | +$548 | +$580 | +$689 |
| $514 (+10%) | +$960 | +$1,075 | +$1,303 | +$2,590 |
| $520 (+11%) ← target | +$1,059 | +$1,193 | +$1,456 | +$2,590 |
| $538 (+15%) | +$1,350 | +$1,531 | +$1,864 | +$2,590 |
| $561 (+20%) | +$1,678 | +$1,889 | +$2,226 | +$2,590 |
Uses SNPS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.