CLS Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Bullish sentiment stems from strong institutional support and the AI tech boom, alongside the high call volume indicating upward price pressure, supported by favorable historical returns over the past years.




Bearish Case: Bearish sentiment reflects potential geopolitical tensions or sustained supply chain issues affecting performance, coupled with high implied volatility signaling market anxiety ahead.




Potential Outcomes:

1. 60%: Continued robust demand fuels CLS growth.

2. 25%: Supply chain disruptions undermine performance.

3. 10%: Geopolitical events lead to broader market sell-off.

4. 5%: Unforeseen economic downturn shakes investor confidence.




Trading Oracle: Establish bullish vertical call spreads selling $90 calls and buying $95 calls, expiring in 30 days. This leverages high volatility with a positive edge, targeting upward price movement while limiting risk. Aim for 70% probability of profit with a trade potential return of 20% in a stable to bullish market.



November 19, 2024


Celestica Forecast

CLS        Celestica











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Assets that tend to move strongly with CLS



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QQQM Forecast + Options Trading Strategies   QQQM  Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 (0.94)


XLK Forecast + Options Trading Strategies   XLK  Technology Select Sector SPDR (0.93)


TQQQ Forecast + Options Trading Strategies   TQQQ  ProShares UltraPro QQQ (0.93)


HIMS Forecast + Options Trading Strategies   HIMS  Hims & Hers Health (0.92)



Uncorrelated Assets

Assets with little price relationship to CLS



BG Forecast + Options Trading Strategies   BG  Bunge (-0.0)


AKBA Forecast + Options Trading Strategies   AKBA  Akebia Therapeutics (-0.0)


DKNG Forecast + Options Trading Strategies   DKNG  DraftKings (0.0)


LOGI Forecast + Options Trading Strategies   LOGI  Logitech International (-0.0)


MRK Forecast + Options Trading Strategies   MRK  Merck (0.01)



Anticorrelated Assets

Assets that tend to move strongly against CLS



EWZ Forecast + Options Trading Strategies   EWZ  iShares MSCI Brazil (-0.85)


UVIX Forecast + Options Trading Strategies   UVIX  VS Trust - 2x Long VIX Futures (-0.85)


TXG Forecast + Options Trading Strategies   TXG  10x Genomics (-0.89)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.9)


COUR Forecast + Options Trading Strategies   COUR  Coursera (-0.9)









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