CHE Forecast



Price Forecast:


Bearish<—>Bullish



80% Confidence




Bullish Case: Chemed could see price appreciation if institutional buying continues, and operational metrics remain strong, supported by historical trend's risk/reward ratio favoring 1-2 year holding periods for potential gains.




Bearish Case: Unexpected resurgence of past controversies and high implied volatility may lead to negative investor sentiment, causing price declines amidst overall market uncertainty.




Potential Outcomes:
  • 30%: Continued institutional interest supports growth.
  • 40%: Resurfacing controversies depress investor confidence.
  • 30%: Market fluctuations driven by external economic factors.




Trading Oracle: Given the elevated implied volatility, consider a bullish debit spread by buying the CHE 12/20/2024 650.00 Calls and simultaneously selling the 660.00 Calls. This strategy allows capturing upside while limiting downside risk, optimizing the favorable volatility conditions.



December 17, 2024


Chemed Forecast

CHE        Chemed











Correlated Assets

Assets that tend to move strongly with CHE



WY Forecast + Options Trading Strategies   WY  Weyerhaeuser (0.82)


BAX Forecast + Options Trading Strategies   BAX  Baxter International (0.8)


BC Forecast + Options Trading Strategies   BC  Brunswick (0.75)


OTEX Forecast + Options Trading Strategies   OTEX  Open Text (0.75)


CWH Forecast + Options Trading Strategies   CWH  Camping World (0.69)



Uncorrelated Assets

Assets with little price relationship to CHE



LYV Forecast + Options Trading Strategies   LYV  Live Nation Entertainment (-0.0)


FLNG Forecast + Options Trading Strategies   FLNG  Flex Lng (-0.0)


VNQ Forecast + Options Trading Strategies   VNQ  Vanguard Real Estate Index (-0.0)


SHAK Forecast + Options Trading Strategies   SHAK  Shake Shack (0.0)


BIP Forecast + Options Trading Strategies   BIP  Brookfield Infrastructure (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against CHE



BE Forecast + Options Trading Strategies   BE  Bloom Energy (-0.65)


BJ Forecast + Options Trading Strategies   BJ  BJ's Wholesale Club (-0.66)


OUST Forecast + Options Trading Strategies   OUST  Ouster (-0.68)


GOOGL Forecast + Options Trading Strategies   GOOGL  Alphabet (-0.8)


GOOG Forecast + Options Trading Strategies   GOOG  Alphabet (-0.8)


CHE News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.










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