CHY Forecast




Price Forecast:




80% Confidence

Bearish<->Bullish




Bullish Case: Strong demand for high-yield investments amidst low interest rates could drive institutional buying in CHY, coupled with a favorable economic outlook indicating improved returns over time.




Bearish Case: Ongoing inflationary pressures and Fed rate hikes may lead to decreased investor appetite for high-yield bonds like CHY, potentially causing further declines in price.




Potential Outcomes:

1. Economic recovery leading to a 40% chance of surpassing $13.


2. Continued inflationary pressure resulting in a 30% chance of declining below $11.


3. Short-term volatility causing mixed outcomes at a 30% likelihood.




Trading Oracle: Consider bullish debit spreads targeting price recovery above $12.50. Favor a 60-day expiration to capture potential upsurge driven by strong demand. Risk-reward profiles indicate high probability of profit.



December 13, 2024


Calamos Convertible and High Income Forecast

CHY        Calamos Convertible and High Income











Correlated Assets

Assets that tend to move strongly with CHY



ARKK Forecast + Options Trading Strategies   ARKK  ARK Innovation (0.81)


TCMD Forecast + Options Trading Strategies   TCMD  Tactile Systems Technology (0.8)


ILMN Forecast + Options Trading Strategies   ILMN  Illumina (0.8)


LUV Forecast + Options Trading Strategies   LUV  Southwest Airlines (0.79)


ACN Forecast + Options Trading Strategies   ACN  Accenture (0.78)



Uncorrelated Assets

Assets with little price relationship to CHY



CYTK Forecast + Options Trading Strategies   CYTK  Cytokinetics (-0.0)


MGM Forecast + Options Trading Strategies   MGM  MGM Resorts International (-0.0)


LASR Forecast + Options Trading Strategies   LASR  nLIGHT (0.0)


TMF Forecast + Options Trading Strategies   TMF  Direxion Daily 20+ Year Treasury Bull 3X Shares (-0.0)


CURE Forecast + Options Trading Strategies   CURE  Direxion Daily Healthcare Bull 3X Shares (0.01)



Anticorrelated Assets

Assets that tend to move strongly against CHY



ST Forecast + Options Trading Strategies   ST  Sensata (-0.62)


STAA Forecast + Options Trading Strategies   STAA  Staar Surgical (-0.64)


OGN Forecast + Options Trading Strategies   OGN  Organon (-0.65)


SHEL Forecast + Options Trading Strategies   SHEL  Shell Plc - ADR (Representing) (-0.66)


STNG Forecast + Options Trading Strategies   STNG  Scorpio Tankers (-0.68)


CHY 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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