BBY Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: Optimism around Best Buy's digital strategies and partnerships boosts consumer interest, defying flat historical returns. Implied volatility suggests potential positive price movement.




Bearish Case: Falling sales and profits, high competition, and unfriendly economic conditions drive BBY lower. Historical return data shows likely downside risk.




Potential Outcomes:
  • 50% chance: Revenue increases from holiday sales
  • 30% chance: Continued digital strain impacts sales
  • 20% chance: Strategic partnerships succeed




Trading Oracle: Implement bullish debit spreads; buy $89 calls and sell $90 calls expiring in ~21 days. Exploit higher Helium implied volatility forecast over market. Capture upside from seasonal sales. Aim for 395% potential return while hedging downside risks.



December 24, 2024


Best Buy Forecast

BBY        Best Buy











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Uncorrelated Assets

Assets with little price relationship to BBY



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NKLA Forecast + Options Trading Strategies   NKLA  Nikola (-0.01)


SCHW Forecast + Options Trading Strategies   SCHW  Charles Schwab (0.01)


ATUS Forecast + Options Trading Strategies   ATUS  Altice USA (0.01)


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Anticorrelated Assets

Assets that tend to move strongly against BBY



LABD Forecast + Options Trading Strategies   LABD  Direxion Daily S&P Biotech Bear 3X Shares (-0.78)


ABCL Forecast + Options Trading Strategies   ABCL  AbCellera Biologics (-0.78)


IEP Forecast + Options Trading Strategies   IEP  Icahn (-0.78)


HTZ Forecast + Options Trading Strategies   HTZ  Hertz Global Holdings (-0.79)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.82)









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