AI CAL Forecast + Trading Strategies


Price Forecast:


Bearish<->Bullish


Bullish Case: The CAL options term structure shows stable implied volatility with potential for price upside. Positive historical returns coupled with strategic growth initiatives hint at a rebound opportunity, suggesting a bullish bias.


Bearish Case: Heavy insider selling raises concerns about management confidence, negatively impacting sentiment. Additionally, elevated implied volatility on put options signals market apprehension, indicating potential downside risks.


Potential Outcomes:

1. Positive earnings surprise increases market confidence: 40%.

2. Continued insider selling worsens stock sentiment: 25%.

3. Regulatory shifts provoke volatility: 20%.

4. Stagnant sales hinder price appreciation: 15%.


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August 28, 2024










Correlated Assets

Assets that tend to move strongly with CAL



EXP Forecast + Options Trading Strategies   EXP  Eagle Materials (0.94)


CRH Forecast + Options Trading Strategies   CRH  CRH Plc (0.94)


SHAK Forecast + Options Trading Strategies   SHAK  Shake Shack (0.93)


  FERG   (0.92)


PH Forecast + Options Trading Strategies   PH  Parker-Hannifin (0.92)



Uncorrelated Assets

Assets with little price relationship to CAL



YOU Forecast + Options Trading Strategies   YOU  Clear Secure (-0.0)


VAL Forecast + Options Trading Strategies   VAL  Valaris (0.01)


DBRG Forecast + Options Trading Strategies   DBRG  DigitalBridge (0.01)


UAA Forecast + Options Trading Strategies   UAA  Under Armour (-0.01)


BYD Forecast + Options Trading Strategies   BYD  Boyd Gaming (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against CAL



EQNR Forecast + Options Trading Strategies   EQNR  Equinor ASA - (-0.83)


HLF Forecast + Options Trading Strategies   HLF  Herbalife Nutrition (-0.83)


BOIL Forecast + Options Trading Strategies   BOIL  ProShares Ultra Bloomberg Natural Gas (-0.84)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.85)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.86)





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