CHDN Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: CHDN's continued expansion and strategic partnerships, combined with controlled implied volatility, support potential growth.




Bearish Case: Persistent safety issues and high P/B ratio may lead to regulatory challenges, affecting revenue and investor sentiment.




Potential Outcomes:

1. Successful new venue expansions (60%).

2. Continued safety controversies (30%).

3. Regulatory cost increases (10%).




Trading Oracle: Deploy a bull call spread, buying CHDN March '25 120 Calls and selling 125 Calls. Implied volatility suggests a 26.36% chance of benefit, with a short-term outlook maximizing return and minimizing risks.



February 22, 2025


Churchill Downs Forecast

CHDN        Churchill Downs











Correlated Assets

Assets that tend to move strongly with CHDN



LHX Forecast + Options Trading Strategies   LHX  L3Harris (0.79)


HPQ Forecast + Options Trading Strategies   HPQ  HP (0.77)


PI Forecast + Options Trading Strategies   PI  Impinj (0.77)


EXR Forecast + Options Trading Strategies   EXR  Extra Space Storage (0.72)


PSFE Forecast + Options Trading Strategies   PSFE  Paysafe Limited (0.71)



Uncorrelated Assets

Assets with little price relationship to CHDN



BYRN Forecast + Options Trading Strategies   BYRN  Byrna (0.0)


CQP Forecast + Options Trading Strategies   CQP  Cheniere Energy (0.01)


EH Forecast + Options Trading Strategies   EH  EHang Holdings Ltd - (0.01)


CRON Forecast + Options Trading Strategies   CRON  Cronos (0.01)


MCD Forecast + Options Trading Strategies   MCD  McDonald's (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against CHDN



HTZ Forecast + Options Trading Strategies   HTZ  Hertz Global Holdings (-0.62)


ABCL Forecast + Options Trading Strategies   ABCL  AbCellera Biologics (-0.64)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.67)


CRNC Forecast + Options Trading Strategies   CRNC  Cerence (-0.68)


PBPB Forecast + Options Trading Strategies   PBPB  Potbelly (-0.68)









Become a more profitable investor with AI optimized trading strategies






×

Chat with CHDN


 Ask any question about CHDN!