Sell OTM put for premium; get assigned if price drops.
๐ฏ Target
68d from today
โ๏ธ Legs
SHORT PUT ยท $375 ยท Sep '26
Qty 1 ยท Premium $16.85 ยท ฮ -0.29
P&L at Expiry
Stock (100 sh)Cash-Secured PutNowTarget
๐ก Stock vs Options at Target
If TSLA hits $430 by Sep 18:
the cash-secured put returns
+$1,685
(4.7%)
on $-1,685 credit (max loss $35,815), vs
+$2,224
(5.5%)
for 100 shares on $40,776.
Options give 0.9ร capital efficiency.
๐ Expiry
Options expire Sep 18, 2026
(68 days out).
P&L shown is the value at expiry if TSLA is at $430.
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
TSLA Price
Today
Aug 3
Aug 26
Sep 18 (exp)
$326
(-20%)
-$4,124
-$3,783
-$3,393
-$3,194
$347
(-15%)
-$2,820
-$2,379
-$1,800
-$1,155
$367
(-10%)
-$1,732
-$1,230
-$533
+$883
$387
(-5%)
-$852
-$333
+$382
+$1,685
$400
(-2%)
-$417
+$92
+$773
+$1,685
$408
(0%)โ spot
-$162
+$333
+$977
+$1,685
$416
(+2%)
+$67
+$544
+$1,143
+$1,685
$430
(+5%)โ target
+$406
+$842
+$1,352
+$1,685
$449
(+10%)
+$757
+$1,132
+$1,518
+$1,685
$469
(+15%)
+$1,042
+$1,345
+$1,612
+$1,685
$489
(+20%)
+$1,246
+$1,481
+$1,655
+$1,685
Uses TSLA's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.