Target Price Playground

Templates Custom Builder LEAP Simulator
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 $490 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
Sell OTM put for premium; get assigned if price drops.

🎯 Target

48d from today

⚙️ Legs

SHORT PUT · $430 · Dec '26
Qty 1 · Premium $19.1 · Δ -0.3
P&L at Expiry Now $468 Target $490 $327 $468 $608
Stock (100 sh) Cash-Secured Put Now Target
💡 Stock vs Options at Target

If SNPS hits $490 by Dec 18: the cash-secured put returns +$1,910 (4.6%) on $-1,910 credit (max loss $41,090), vs +$2,239 (4.8%) for 100 shares on $46,761. Options give 1.0× capital efficiency.

📅 Expiry

Options expire Dec 18, 2026 (48 days out). P&L shown is the value at expiry if SNPS is at $490. Use the 30d / 60d / 90d / 180d pills to compare different expiries.

📊 Projected Return

P&L if SNPS hits $490 by Dec 18
+$1,910
+4.6% on $41,090 max loss
Max Profit
+$1,910
If the stock ≥ $430 at expiry
Max Loss
−$41,090
If stock → $0 after assignment
Break-even
$410.90
-12.13% from spot
Prob. of Target Hit
77%
IV-implied, 48d (rough)
Net Δ / Θ / V
29.6 / 31.46 / -55.95
per spread, per $1 move / day / vol pt
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📋 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.
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 ≥ 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.

📊 P&L Scenarios — what happens at different prices and dates

SNPS Price Today Nov 16 Dec 2 Dec 18 (exp)
$374 (-20%) -$4,224 -$3,968 -$3,729 -$3,681
$397 (-15%) -$2,582 -$2,198 -$1,737 -$1,343
$421 (-10%) -$1,246 -$782 -$167 +$995
$444 (-5%) -$219 +$258 +$884 +$1,910
$458 (-2%) +$260 +$716 +$1,284 +$1,910
$468 (0%) ← spot +$529 +$960 +$1,472 +$1,910
$477 (+2%) +$761 +$1,162 +$1,611 +$1,910
$490 (+5%) ← target +$1,029 +$1,382 +$1,741 +$1,910
$514 (+10%) +$1,388 +$1,648 +$1,858 +$1,910
$538 (+15%) +$1,604 +$1,783 +$1,895 +$1,910
$561 (+20%) +$1,736 +$1,852 +$1,906 +$1,910
Uses SNPS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.