LEAPS Builder — Forecast Mode

Point-forecast optimizer: the structure worth the most AT your target price ON your target date, per dollar at risk (mid-life mark, roll-room retained). 2026-08-23 22:30:52 · outside US RTH (marks off snapshot quotes; verify at execution)

BMNR @ $21.57 → target $150 by Dec 2027

FORTRESS (LC+SP+HP) · risk denominator = ML · expiry buffer 0mo · LC scanned to 3.5× spot · ATM IV 0%

★ TOP PICK

498x $60C / -$18P / +$15P Jan-28

Value at target

$4,500,659

profit $4,389,232

ROI on ML

1683%

per dollar at risk

Max loss

$260,828

IC $111,428

Roll-room at T

1.7 mo

51d left

Forecast score

17.255

min OI 1,795

Value & P&L at the target date, across prices

If stock is	Price	Structure value	P&L (value − IC)
+0% vs spot	$21.57	$-36,672	$-148,100
+298% vs spot	$85.78	$1,381,305	$+1,269,878
+447% vs spot	$117.89	$2,910,265	$+2,798,838
TARGET	$150.00	$4,500,706	$+4,389,278
+744% vs spot	$182.11	$6,098,628	$+5,987,200

Each row: what BMNR Jan '28 is worth on the target date (51d / 1.7mo of life still left) if the stock lands at that price. Mid-life Black-Scholes marks (leg IV: LC 88%, SP 86%, HP 86%, implied from each leg’s own quote when the feed gave iv=0), so time value / roll-room is retained — not expiry intrinsic. P&L = value minus what you paid to open (IC $111,428).

Ranked #1 of 634 valid structures by value at target per dollar of max loss (size-invariant). Score = value-at-target / ml × roll-room shaping.

Other picks for reference (5) — next-best structures by score

#	Structure	Expiry	Ct	Max Loss	Value @ Target	ROI	Roll-room	Min OI	Score
2	+$65C −$18P +$15P	Jan-28 (516d)	524	$260,690	$4,477,011	1678%	1.7mo	1,795	17.174
3	+$60C −$23P +$20P	Jan-28 (516d)	495	$260,642	$4,473,547	1673%	1.7mo	3,095	17.164
4	+$70C −$18P +$15P	Jan-28 (516d)	553	$260,601	$4,453,507	1673%	1.7mo	1,795	17.089
5	+$65C −$23P +$20P	Jan-28 (516d)	521	$260,656	$4,451,379	1668%	1.7mo	3,095	17.078
6	+$55C −$18P +$15P	Jan-28 (516d)	465	$260,632	$4,432,869	1654%	1.7mo	1,795	17.008

MARA @ $11.15 → target $100 by Dec 2027

FORTRESS (LC+SP+HP) · risk denominator = ML · expiry buffer 0mo · LC scanned to 3.5× spot · ATM IV 89%

★ TOP PICK

480x $37C / -$12P / +$10P Dec-27

Value at target

$3,027,267

profit $3,013,467

ROI on ML

2744%

per dollar at risk

Max loss

$109,800

IC $13,800

Roll-room at T

0.5 mo

16d left

Forecast score

27.571

min OI 861

Value & P&L at the target date, across prices

If stock is	Price	Structure value	P&L (value − IC)
+0% vs spot	$11.15	$-48,915	$-62,715
+398% vs spot	$55.57	$896,812	$+883,012
+598% vs spot	$77.79	$1,961,082	$+1,947,282
TARGET	$100.00	$3,027,279	$+3,013,479
+996% vs spot	$122.21	$4,093,479	$+4,079,679

Each row: what MARA Dec '27 is worth on the target date (16d / 0.5mo of life still left) if the stock lands at that price. Mid-life Black-Scholes marks (leg IV: LC 88%, SP 92%, HP 90%, implied from each leg’s own quote when the feed gave iv=0), so time value / roll-room is retained — not expiry intrinsic. P&L = value minus what you paid to open (IC $13,800).

Ranked #1 of 450 valid structures by value at target per dollar of max loss (size-invariant). Score = value-at-target / ml × roll-room shaping.

Other picks for reference (5) — next-best structures by score

#	Structure	Expiry	Ct	Max Loss	Value @ Target	ROI	Roll-room	Min OI	Score
2	+$35C −$12P +$10P	Dec-27 (481d)	461	$109,810	$2,999,468	2716%	0.5mo	1,881	27.315
3	+$32C −$12P +$10P	Dec-27 (481d)	438	$109,850	$2,980,978	2693%	0.5mo	1,568	27.137
4	+$30C −$12P +$10P	Dec-27 (481d)	407	$109,768	$2,851,246	2572%	0.5mo	1,269	25.975
5	+$37C −$10P +$8P	Dec-27 (481d)	444	$109,979	$2,800,222	2527%	0.5mo	861	25.462
6	+$35C −$10P +$8P	Dec-27 (481d)	427	$109,803	$2,778,249	2508%	0.5mo	6,523	25.302