AAP Forecast


Bullish Case: Insider buying, activist board members focused on operational efficiencies, and recent stabilization strategies suggest potential for meaningful turnaround, enhancing profitability and investor confidence.


Bearish Case: Recent spikes in implied volatility indicate market uncertainty. High bearish option volume, historical underperformance, and persistent financial pressures pose significant downside risks.


Potential Outcomes:

1. Successful restructuring improves margins (45%).

2. Failure to stabilize finances continues downward trend (35%).

3. Short-term volatility spike around earnings or activist updates (20%).


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May 14, 2024


Advance Auto Parts Forecast

AAP        Advance Auto Parts
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)











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KR Forecast + Options Trading Strategies   KR  Kroger (0.9)


XLP Forecast + Options Trading Strategies   XLP  Consumer Staples Select Sector SPDR (0.89)


DOC Forecast + Options Trading Strategies   DOC  Physicians Realty (0.87)


TOST Forecast + Options Trading Strategies   TOST  Toast (0.84)


SWAV Forecast + Options Trading Strategies   SWAV  ShockWave Medical (0.83)



Uncorrelated Stock Forecasts

Assets with little price relationship to AAP



SUN Forecast + Options Trading Strategies   SUN  Sunoco (-0.0)


HDB Forecast + Options Trading Strategies   HDB  HDFC (-0.0)


CELH Forecast + Options Trading Strategies   CELH  Celsius (-0.0)


GO Forecast + Options Trading Strategies   GO  Grocery Outlet (0.0)


SAGE Forecast + Options Trading Strategies   SAGE  Sage Therapeutics (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against AAP



EQNR Forecast + Options Trading Strategies   EQNR  Equinor ASA - (-0.7)


LEU Forecast + Options Trading Strategies   LEU  Centrus Energy (-0.7)


CQP Forecast + Options Trading Strategies   CQP  Cheniere Energy (-0.76)


HNRG Forecast + Options Trading Strategies   HNRG  Hallador Energy (-0.78)


UUUU Forecast + Options Trading Strategies   UUUU  Energy Fuels (-0.82)





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