CASY Forecast


Bullish Case: Casey's is on a robust growth trajectory, supported by store expansions and acquisitions. Their recent financial performance outperformed expectations, and bullish risk is 96% more than bearish risk, per Helium.


Bearish Case: High valuation and rising operational costs pose significant risks. The implied volatility data suggest potential downside, especially in the medium term, highlighting vulnerability to market corrections.


Potential Outcomes:

1) 70% chance continuous store expansions will drive growth.

2) 20% chance valuation pressures induce correction.

3) 10% chance operational costs outpace growth, squeezing margins.


Trading Oracle: Employ a bull put credit spread expiring in September 2024. Sell the $350 put, buy the $330 put. This leverages bullish skew and mitigates high valuation risk, maintaining a high reward:risk and positive edge.


July 21, 2024


Casey's General Stores Forecast

CASY      Casey's General Stores











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