AI ALLE Forecast


Bullish Case: With strong historical returns as seen in the past two years, coupled with increasing call volume and a favorable market sentiment, ALLE may experience upward momentum, potentially reaching $170+ if bullish earnings surprise occurs.




Bearish Case: High implied volatility for puts suggests market apprehension amid low growth projections. A bearish scenario could see price dipping below $140 if economic conditions worsen or earnings disappoint, reflecting investor pessimism.




Potential Outcomes:

1) Continued moderate rally, pushing towards $160 (20% chance);

2) Stagnation around $150 with minor fluctuations (60% chance);

3) Significant price drop below $140 due to macroeconomic factors (20% chance).




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October 21, 2024


Allegion Forecast

ALLE        Allegion











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Assets that tend to move strongly with ALLE



SHW Forecast + Options Trading Strategies   SHW  Sherwin-Williams (0.95)


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BAM Forecast + Options Trading Strategies   BAM  Brookfield Asset (0.93)


IBM Forecast + Options Trading Strategies   IBM  International Business Machines (0.92)


EOLS Forecast + Options Trading Strategies   EOLS  Evolus (0.9)



Uncorrelated Assets

Assets with little price relationship to ALLE



LOGI Forecast + Options Trading Strategies   LOGI  Logitech International (0.0)


OI Forecast + Options Trading Strategies   OI  O-I Glass (-0.0)


SIMO Forecast + Options Trading Strategies   SIMO  Silicon Motion Technology (0.0)


ROKU Forecast + Options Trading Strategies   ROKU  Roku (-0.0)


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



Anticorrelated Assets

Assets that tend to move strongly against ALLE



SRS Forecast + Options Trading Strategies   SRS  ProShares UltraShort Real Estate (-0.77)


GOGO Forecast + Options Trading Strategies   GOGO  Gogo (-0.79)


EQNR Forecast + Options Trading Strategies   EQNR  Equinor ASA - (-0.79)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.79)


BOIL Forecast + Options Trading Strategies   BOIL  ProShares Ultra Bloomberg Natural Gas (-0.8)









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