CAL Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: A robust holiday season and improved earnings due to strategic growth initiatives could drive CAL's stock price upward, especially given historical trends indicating rebounds post-volatility surges.




Bearish Case: Weak consumer spending and ongoing insider selling may lead to price declines, counteracting positive sentiment and potentially driving CAL below key support levels.




Potential Outcomes:
  • Successful expansion captures market share: 30% chance.
  • Stagnant growth results in share depreciation: 25% chance.
  • Market re-evaluates CAL leading to modest corrections: 20% chance.
  • Unforeseen economic shifts negatively impact performance: 25% chance.




Trading Oracle: Consider a bullish debit spread by buying the January 2025 $30 call and selling the $35 call. This leverages CAL's volatility outlook while mitigating loss risks. Expect significant upside potential aligned with positive holiday season sales forecasts, yielding a solid risk-reward ratio with a high probability of profit due to favorable market conditions.



November 24, 2024


Caleres Forecast

CAL        Caleres











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ABSI Forecast + Options Trading Strategies   ABSI  Absci (0.66)


HOG Forecast + Options Trading Strategies   HOG  Harley-Davidson (0.65)



Uncorrelated Assets

Assets with little price relationship to CAL



ABEV Forecast + Options Trading Strategies   ABEV  Ambev (0.0)


TMF Forecast + Options Trading Strategies   TMF  Direxion Daily 20+ Year Treasury Bull 3X Shares (0.0)


CMI Forecast + Options Trading Strategies   CMI  Cummins (-0.0)


VIST Forecast + Options Trading Strategies   VIST  Vista Oil & Gas Sab De Cv (-0.0)


IIPR Forecast + Options Trading Strategies   IIPR  Innovative Industrial Properties (0.0)



Anticorrelated Assets

Assets that tend to move strongly against CAL



PENN Forecast + Options Trading Strategies   PENN  Penn National Gaming (-0.61)


TTWO Forecast + Options Trading Strategies   TTWO  Take-Two Interactive Software (-0.63)


GLBE Forecast + Options Trading Strategies   GLBE  Global E Online (-0.63)


AUPH Forecast + Options Trading Strategies   AUPH  Aurinia Pharmaceuticals (-0.69)


APLD Forecast + Options Trading Strategies   APLD  Applied Blockchain (-0.73)









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