ATKR Forecast


Bullish Case: ATKR's term structure is in backwardation, suggesting near-term bullish sentiment. Historical returns indicate high upward potential.


Bearish Case: ATKR's recent 19.3% decline over 90 days, high implied volatility, and production delays suggest downside risks.


Potential Outcomes: 40%: Strong financial results boost stock. 35%: Prolonged production delays affect stock. 15%: Investment firm sell-offs. 10%: Market disturbances.


Trading Oracle: Trade bullish debit spreads expiring January 2025 to leverage backwardation and mean-reversion trends. Buy ATKR 140C and sell 165C for optimal reward:risk. High probability of profit from current price of $144.61. Utilize Helium Long Volatility.


July 23, 2024


Atkore Forecast

ATKR      Atkore











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Assets that tend to move strongly with ATKR



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.45)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.4)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.02)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.18)



Uncorrelated Assets

Assets with little price relationship to ATKR



LI Forecast + Options Trading Strategies   LI  Li Auto (-0.02)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.18)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.4)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.45)



Anticorrelated Assets

Assets that tend to move strongly against ATKR



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.45)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.4)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.02)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.18)





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