BURL Forecast + Trading Strategies


Bullish Case: Expanding store footprint, revenue growth, and strategic acquisitions support BURL's robust bullish outlook.


Bearish Case: High implied volatility, market headwinds, and potential overvaluation pose downside risks for BURL stock.


Potential Outcomes: 65%: Stock rises due to aggressive expansion (BBBY leases) | 28%: Market correction hits high vol stock | 7%: Neutral movement reflecting mixed signals.


Trading Oracle: Initiate a bullish short volatility trade: Sell the $230 put, buy the $227.5 put expiring in ~10 days. Delta neutral spread with 68% Helium profit odds. Return: $4.50 risk per spread. High reward:risk setup leveraging implied volatility skew.


July 10, 2024


Burlington Stores Forecast

BURL      Burlington Stores











Correlated Assets

Assets that tend to move strongly with BURL



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.81)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.21)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.47)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.62)



Uncorrelated Assets

Assets with little price relationship to BURL



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.21)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.47)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.62)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.81)



Anticorrelated Assets

Assets that tend to move strongly against BURL



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.81)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.21)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.47)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.62)





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