BBY Forecast + Trading Strategies


Bullish Case: Best Buy’s strategic omnichannel expansion and strong seasonal promotions support potential revenue growth. Lower long-term volatility may signify confidence.




Bearish Case: Increased competition from e-commerce and ongoing supply chain issues could suppress BBY’s performance. Elevated short-term volatility indicates market uncertainty.




Potential Outcomes:
  • Strong Q1 earnings boost (30%)
  • Market share loss to competitors (40%)
  • Stable performance through diversification (30%)




Trading Oracle: Given current volatility and market conditions, consider Bullish Short Volatility. Increased implied volatility and strategic positioning offer a chance to profit by selling ATM puts and buying OOTM puts, leveraging 62% profit odds.



March 04, 2025


Best Buy Forecast

BBY        Best Buy











Correlated Assets

Assets that tend to move strongly with BBY



INSG Forecast + Options Trading Strategies   INSG  Inseego (0.78)


VNQ Forecast + Options Trading Strategies   VNQ  Vanguard Real Estate Index (0.74)


PTGX Forecast + Options Trading Strategies   PTGX  Protagonist Therapeutics (0.73)


ZETA Forecast + Options Trading Strategies   ZETA  Zeta Global Holdings Corp (0.72)


SLG Forecast + Options Trading Strategies   SLG  SL Green Realty (0.71)



Uncorrelated Assets

Assets with little price relationship to BBY



DKL Forecast + Options Trading Strategies   DKL  Delek Logistics Partners LP - Unit (-0.01)


ELAN Forecast + Options Trading Strategies   ELAN  Elanco Animal Health (-0.01)


KOLD Forecast + Options Trading Strategies   KOLD  ProShares UltraShort Bloomberg Natural Gas (-0.01)


GTLB Forecast + Options Trading Strategies   GTLB  Gitlab (-0.02)


RRR Forecast + Options Trading Strategies   RRR  Red Rock Resorts (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against BBY



BBWI Forecast + Options Trading Strategies   BBWI  Bath & Body Works (-0.64)


ACI Forecast + Options Trading Strategies   ACI  Albertsons Companies (-0.65)


LABD Forecast + Options Trading Strategies   LABD  Direxion Daily S&P Biotech Bear 3X Shares (-0.69)


AAP Forecast + Options Trading Strategies   AAP  Advance Auto Parts (-0.69)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.74)









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