BDX Forecast + Trading Strategies


Bullish Case: BDX can benefit from the mean-reverting nature indicated in the historical price return surface. Strong fundamentals and upcoming dividends present upside potential.


Bearish Case: BDX faces high implied volatility and significant recent price declines, indicating a potential for continued short-term downside as reflected in the IV surface and Helium-Model analysis.


Potential Outcomes: 40% chance of minor growth from mean-reversion and strong fundamentals. 35% expect stability around $221. 25% risk of decline following high market uncertainty and low volume.


Trading Oracle: Execute a short volatility strategy by selling the $215/$205 put spreads expiring in ~38 days. This leverages the 74% probability of profit from Helium's edge and captures premium in the current high-IV environment. High reward:risk ratio with downside protection.


July 10, 2024


Becton, Dickinson And Company Forecast

BDX      Becton, Dickinson And Company











Correlated Assets

Assets that tend to move strongly with BDX



VFC Forecast + Options Trading Strategies   VFC  VF (0.65)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.64)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.08)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.59)



Uncorrelated Assets

Assets with little price relationship to BDX



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.08)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.59)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.64)


VFC Forecast + Options Trading Strategies   VFC  VF (0.65)



Anticorrelated Assets

Assets that tend to move strongly against BDX



VFC Forecast + Options Trading Strategies   VFC  VF (0.65)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.64)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.08)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.59)


BDX News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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