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
Bullish. Unlimited upside, capped loss = premium paid.
🎯 Target
48d from today
⚙️ Legs
LONG CALL · $470 · Dec '26
Qty 1 · Premium $33.3 · Δ 0.54
P&L at Expiry
Stock (100 sh)
Long Call
Now
Target
💡 Stock vs Options at Target
If SNPS hits $520 by Dec 18: the long call returns +$1,670 (50.2%) on $3,330 risked, vs +$5,239 (11.2%) for 100 shares on $46,761. Options give 4.5× 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
+$1,670
+50.2% on $3,330 risked
Max Profit
Unlimited
Unlimited upside
Max Loss
−$3,330
Premium paid
Break-even
$503.30
+7.63% from spot
Prob. of Target Hit
50%
IV-implied, 48d (rough)
Net Δ / Θ / V
53.65 / -41.79 / 67.44
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%) | -$3,037 | -$3,213 | -$3,317 | -$3,330 |
| $397 (-15%) | -$2,701 | -$3,005 | -$3,258 | -$3,330 |
| $421 (-10%) | -$2,143 | -$2,585 | -$3,054 | -$3,330 |
| $444 (-5%) | -$1,320 | -$1,873 | -$2,549 | -$3,330 |
| $458 (-2%) | -$689 | -$1,284 | -$2,042 | -$3,330 |
| $468 (0%) ← spot | -$211 | -$822 | -$1,608 | -$3,330 |
| $477 (+2%) | +$312 | -$305 | -$1,096 | -$2,634 |
| $491 (+5%) | +$1,175 | +$568 | -$191 | -$1,231 |
| $514 (+10%) | +$2,809 | +$2,255 | +$1,624 | +$1,107 |
| $520 (+11%) ← target | +$3,234 | +$2,699 | +$2,106 | +$1,670 |
| $538 (+15%) | +$4,647 | +$4,176 | +$3,706 | +$3,445 |
| $561 (+20%) | +$6,643 | +$6,263 | +$5,935 | +$5,783 |
Uses SNPS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.