CLB Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Increased global energy demands and stabilization in valuations could trigger a rebound, pushing CLB above current levels. Historical data suggests recovery potential within 1-2 years.




Bearish Case: Market uncertainty remains high, with volatility predictions indicating potential downside risks. The high P/B ratio and weak demand factors could lead to continued price decline.




Potential Outcomes:

1. Price increase (30%): Recovery driven by positive industry trends.

2. Stagnation around current levels (40%): Fluctuations due to mixed market signals.

3. Further decline (30%): Economic pressures lead to sustained downturn.




Trading Oracle: Consider initiating a bearish credit spread by selling CLB 17.50 P while buying CLB 15 P, given current high implied volatility levels. This approach capitalizes on premium collection, maintaining a neutral to bearish outlook. Aim for a moderate profit while mitigating risk during volatile periods.



October 20, 2024


Core Laboratories Forecast

CLB        Core Laboratories











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Anticorrelated Assets

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WDAY Forecast + Options Trading Strategies   WDAY  Workday (-0.78)









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