CAL Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: Caleres' digital transformation and sustainability initiatives could enhance brand equity, driving upside amidst a recovering retail sector.




Bearish Case: High implied volatility and insider selling reflect market skepticism. Weak recent performance may continue as economic pressures weigh on retail.




Potential Outcomes:
  • Expansion success boosts market share (30%).
  • Ongoing economic pressures cause stock stagnation (40%).
  • Volatility provides arbitrage opportunities (30%).




Trading Oracle: Prioritize a bearish long volatility strategy by buying $17.5 puts and selling $15 puts, leveraging high implied volatility for potential gain. The time horizon is ~42 days, aligning with Helium's positive edge. Favor increased put activity and negative market sentiments. High reward:risk ratio expected with 30950% annualized return potential.



February 08, 2025


Caleres Forecast

CAL        Caleres











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Anticorrelated Assets

Assets that tend to move strongly against CAL



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MAIN Forecast + Options Trading Strategies   MAIN  Main Street (-0.84)


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