BAX Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: BAX may rebound amid anticipated market stabilization, leveraging recent restructuring and potential sales announcements, signaling improved investor confidence.




Bearish Case: Ongoing operational struggles and high legal risks could perpetuate downward pressure on BAX, with market uncertainties driving continued bearish sentiment.




Potential Outcomes:

1. 40% likelihood of slight price recovery due to restructuring benefits.

2. 50% chance price continues downward from legal issues.

3. 10% chance of stability based on unchanged market conditions.




Trading Oracle: Consider selling a $30.00 strike put option, paired with buying a $32.50 strike put option to capitalize on potential upside with minimal risk, given positive edge projections. Target a time horizon of 30 days for optimal profit capture. Expect healthy returns based on strong market odds.



November 15, 2024


Baxter International Forecast

BAX        Baxter International











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Assets that tend to move strongly with BAX



WY Forecast + Options Trading Strategies   WY  Weyerhaeuser (0.78)


KOLD Forecast + Options Trading Strategies   KOLD  ProShares UltraShort Bloomberg Natural Gas (0.74)


BGS Forecast + Options Trading Strategies   BGS  B&G Foods (0.71)


QSR Forecast + Options Trading Strategies   QSR  Restaurant Brands International (0.7)


CVS Forecast + Options Trading Strategies   CVS  CVS Health (0.67)



Uncorrelated Assets

Assets with little price relationship to BAX



VLO Forecast + Options Trading Strategies   VLO  Valero Energy (0.0)


HOLX Forecast + Options Trading Strategies   HOLX  Hologic (-0.0)


FOUR Forecast + Options Trading Strategies   FOUR  Shift4 Payments (0.0)


MANH Forecast + Options Trading Strategies   MANH  Manhattan Associates (0.0)


UDN Forecast + Options Trading Strategies   UDN  Invesco DB US Dollar Index Bearish (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against BAX



OUST Forecast + Options Trading Strategies   OUST  Ouster (-0.64)


BJ Forecast + Options Trading Strategies   BJ  BJ's Wholesale Club (-0.65)


MCHI Forecast + Options Trading Strategies   MCHI  BTC iShares MSCI China (-0.68)


CRK Forecast + Options Trading Strategies   CRK  Comstock Resources (-0.7)


GOOG Forecast + Options Trading Strategies   GOOG  Alphabet (-0.74)









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