CHKP Forecast


Bullish Case: CHKP's consistent historical growth trend and positive earnings surprise suggest potential upward momentum, supported by notable institutional investment.


Bearish Case: Elevated price-to-book ratio and premium put option volume activity suggest potential overvaluation and downside risks.


Potential Outcomes: Price increase (55%), price drop due to overvaluation (30%), sideways trading (15%). Historical and AI forecasts balance the risks and rewards.


Trading Oracle: Trade credit spreads (Helium Short Volatility): Sell 2 $155 put options, buy 3 $150 put options, expiring in ~23 days. High-profit probability (82%) with positive edge. Time outlook: Short-term (~23 days). This strategy leverages the flat volatility curve and historical return profiles effectively.


June 27, 2024


Check Point Software Technolgies Forecast

CHKP      Check Point Software Technolgies











Correlated Assets

Assets that tend to move strongly with CHKP



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.65)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.18)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.58)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.61)



Uncorrelated Assets

Assets with little price relationship to CHKP



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.18)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.58)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.61)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.65)



Anticorrelated Assets

Assets that tend to move strongly against CHKP



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.65)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.18)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.58)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.61)





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