Target Price Playground
WDC
$746.23
๐ข
WDC IV: 89.7% โ LOW
(-22.3% vs 30d avg of 115.4%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $810 by Aug 21
Historical Backtest
Coming soon
Signal Backtest
Coming soon
๐ 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
Own stock, sell OTM call for income. Caps upside.
๐ฏ Target
64d from today
โ๏ธ Legs
LONG 100 SHARES
@ $746.23 ยท ฮ 1.00
SHORT CALL ยท $810 ยท Aug '26
Qty 1 ยท Premium $104.27 ยท ฮ 0.51
P&L at Expiry
Stock (100 sh)
Covered Call
Now
Target
๐ก Stock vs Options at Target
If WDC hits $810 by Aug 21: the covered call returns +$16,804 (26.2%) on $64,196 risked, vs +$6,377 (8.5%) for 100 shares on $74,623. Options give 3.1ร capital efficiency.
๐ Expiry
Options expire Aug 21, 2026 (64 days out). P&L shown is the value at expiry if WDC is at $810. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if WDC hits $810 by Aug 21
+$16,804
+26.2% on $64,196 risked
Max Profit
+$16,804
If the stock โฅ $810 at expiry
Max Loss
โ$64,196
If stock โ $0 (minus premium received)
Break-even
$641.96
-13.97% from spot
Prob. of Target Hit
83%
IV-implied, 64d (rough)
Net ฮ / ฮ / V
48.88 / 101.35 / -125.85
per spread, per $1 move / day / vol pt
๐ 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 โ ship first.
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.
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.
"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.
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
| WDC Price | Today | Jul 9 | Jul 30 | Aug 21 (exp) |
|---|---|---|---|---|
| $597 (-20%) | -$7,867 | -$6,514 | -$5,163 | -$4,498 |
| $634 (-15%) | -$5,293 | -$3,697 | -$1,953 | -$766 |
| $672 (-10%) | -$2,927 | -$1,112 | +$1,012 | +$2,965 |
| $709 (-5%) | -$766 | +$1,234 | +$3,694 | +$6,696 |
| $731 (-2%) | +$434 | +$2,527 | +$5,155 | +$8,935 |
| $746 (0%) โ spot | +$1,194 | +$3,342 | +$6,066 | +$10,427 |
| $761 (+2%) | +$1,924 | +$4,119 | +$6,926 | +$11,919 |
| $784 (+5%) | +$2,962 | +$5,216 | +$8,121 | +$14,158 |
| $810 (+9%) โ target | +$4,105 | +$6,409 | +$9,388 | +$16,804 |
| $821 (+10%) | +$4,549 | +$6,867 | +$9,864 | +$16,804 |
| $858 (+15%) | +$5,966 | +$8,310 | +$11,315 | +$16,804 |
| $895 (+20%) | +$7,227 | +$9,562 | +$12,501 | +$16,804 |
Uses WDC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.