Target Price Playground
WDC
$746.23
๐ข
WDC IV: 90.1% โ LOW
(-22.7% vs 30d avg of 116.6%)
Options are cheap vs 30d avg โ good time to BUY options (long calls/puts, debit spreads).
Forward Projection
If price hits $710 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
Buy a longer-dated put, sell a shorter-dated OTM put. Profits from time decay + a moderate drop.
๐ฏ Target
64d from today
โ๏ธ Legs
LONG PUT ยท $750 ยท Sep '26
Qty 1 ยท Premium $147.45 ยท ฮ -0.39
SHORT PUT ยท $710 ยท Aug '26
Qty 1 ยท Premium $104.5 ยท ฮ -0.35
P&L at Expiry
Stock (100 sh)
Diagonal Put Spread
Now
Target
๐ก Stock vs Options at Target
If WDC hits $710 by Aug 21: the diagonal put spread returns +$6,071 (141.4%) on $4,295 risked, vs $-3,623 (-4.9%) for 100 shares on $74,623. Options give 28.9ร capital efficiency.
๐ Expiry
Options expire Aug 21, 2026 (64 days out). P&L shown is the value at expiry if WDC is at $710. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if WDC hits $710 by Aug 21
+$6,071
+141.4% on $4,295 risked
Max Profit
+$5,936
If the stock price is favorable
Max Loss
โ$1,856
Worst-case within chart range
Break-even
$874.11
+17.14% from spot
Prob. of Target Hit
90%
IV-implied, 64d (rough)
Net ฮ / ฮ / V
-3.28 / 13.15 / 26.06
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%) | +$239 | +$546 | +$1,009 | +$1,179 |
| $634 (-15%) | +$217 | +$566 | +$1,163 | +$2,156 |
| $672 (-10%) | +$156 | +$526 | +$1,201 | +$3,434 |
| $710 (-5%) โ target | +$57 | +$424 | +$1,114 | +$5,073 |
| $731 (-2%) | -$12 | +$343 | +$1,012 | +$3,992 |
| $746 (0%) โ spot | -$66 | +$277 | +$920 | +$3,294 |
| $761 (+2%) | -$125 | +$204 | +$813 | +$2,643 |
| $784 (+5%) | -$219 | +$83 | +$627 | +$1,750 |
| $821 (+10%) | -$392 | -$146 | +$264 | +$471 |
| $858 (+15%) | -$581 | -$398 | -$143 | -$572 |
| $895 (+20%) | -$780 | -$667 | -$569 | -$1,412 |
Uses WDC's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.