CCAP Forecast


Bullish Case: CCAP is undervalued with strong earnings growth and an 8.7% yield. Positive revisions in earnings estimates and market positioning suggest increasing investor confidence, which could lead to significant price appreciation.


Bearish Case: Economic uncertainties and high implied volatility may signal potential price drops. A declining economic environment could negatively impact CCAP's asset quality, leading to possible financial strain and reduced returns.


Potential Outcomes:

1. Price Increase (50% probability) due to earnings growth and yield attraction.

2. Trading Range (30%) if economic conditions remain stable.

3. Price Decline (20%) due to significant market volatility and economic challenges.


Trading Oracle: Consider a bullish debit spread by purchasing the CCAP 30.00 C at $0.75 and selling the 20.00 C at $0.20 (net cost of $0.55). This strategy leverages high implied volatility while minimizing risk. Timeframe is 3-6 months, aiming for a favorable market shift.


July 24, 2024


Crescent Capital BDC Forecast

CCAP      Crescent Capital BDC











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SMAR Forecast + Options Trading Strategies   SMAR  Smartsheet (-0.01)


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Assets that tend to move strongly against CCAP



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SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.76)





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