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 $410 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
Bearish. Max profit if underlying crashes, capped loss.
🎯 Target
48d from today
⚙️ Legs
LONG PUT · $470 · Dec '26
Qty 1 · Premium $37.3 · Δ -0.47
P&L at Expiry
Stock (100 sh)
Long Put
Now
Target
💡 Stock vs Options at Target
If SNPS hits $410 by Dec 18: the long put returns +$2,270 (60.9%) on $3,730 risked, vs $-5,761 (-12.3%) for 100 shares on $46,761. Options give 5.0× capital efficiency.
📅 Expiry
Options expire Dec 18, 2026 (48 days out). P&L shown is the value at expiry if SNPS is at $410. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
📊 Projected Return
P&L if SNPS hits $410 by Dec 18
+$2,270
+60.9% on $3,730 risked
Max Profit
+$43,270
If stock → $0
Max Loss
−$3,730
Premium paid
Break-even
$432.70
-7.47% from spot
Prob. of Target Hit
46%
IV-implied, 48d (rough)
Net Δ / Θ / V
-47.05 / -34.13 / 67.51
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%) | +$5,876 | +$5,793 | +$5,781 | +$5,861 |
| $397 (-15%) | +$3,875 | +$3,663 | +$3,502 | +$3,523 |
| $410 (-12%) ← target | +$2,890 | +$2,603 | +$2,332 | +$2,270 |
| $421 (-10%) | +$2,094 | +$1,745 | +$1,369 | +$1,185 |
| $444 (-5%) | +$580 | +$119 | -$465 | -$1,153 |
| $458 (-2%) | -$192 | -$695 | -$1,360 | -$2,556 |
| $468 (0%) ← spot | -$649 | -$1,168 | -$1,861 | -$3,491 |
| $477 (+2%) | -$1,062 | -$1,587 | -$2,284 | -$3,730 |
| $491 (+5%) | -$1,601 | -$2,116 | -$2,783 | -$3,730 |
| $514 (+10%) | -$2,305 | -$2,767 | -$3,306 | -$3,730 |
| $538 (+15%) | -$2,806 | -$3,184 | -$3,562 | -$3,730 |
| $561 (+20%) | -$3,147 | -$3,435 | -$3,670 | -$3,730 |
Uses SNPS's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.