Bullish Case: Brunswick's innovations and strategic investments, alongside positive consumer sentiment, drive demand in the luxury boat sector. As the leisure market recovers post-pandemic, increased interest in eco-friendly products bolsters long-term growth.

Bearish Case: High volatility, recent price declines, and economic pressures suggest downward risk for BC. Persistent macroeconomic challenges and potential supply chain issues may impact profitability and demand, limiting growth prospects.

Potential Outcomes:

1. Economic recovery boosts consumer spending (50%).

2. Supply chain disruptions cause production delays (30%).

3. Inflation pressures curb discretionary spending (20%).

Trading Oracle: Execute a bullish debit spread by buying $70 call and selling $75 call, expiring in 90 days. Favor seasonal leisure demand potential coupled with recovery in consumer spending. Balances volatility through a high reward-to-risk ratio and leverages low implied volatility.

January 17, 2025