CLS Forecast + Trading Strategies


Bullish Case: Celestica's growth in AI and technology sectors could drive the stock higher, supported by strong recent financials and positive analyst sentiment. The current upward trend in implied volatility and strong call volume signal anticipation of upward movement.


Bearish Case: Supply chain disruptions and geopolitical risks could hinder Celestica's performance, potentially leading to a downturn. High current implied volatility suggests that the market is pricing in considerable uncertainty, raising the risk of a significant sell-off.


Potential Outcomes:

1. (60%) Continued growth in AI and tech sectors drives CLS higher.

2. (30%) Supply chain issues and geopolitical risks lead to declines in CLS.

3. (10%) Major global economic downturn affects market sentiment and prices.


Trading Oracle: Engage in a bullish strategy with a short put spread, selling $50 puts and buying $45 puts expiring in 30 days. This leverages strong implied volatility and market factors, targeting a stable range and capitalizing on potential upward momentum. Expect high probability-of-profit.


July 25, 2024


Celestica Forecast

CLS      Celestica











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VFC Forecast + Options Trading Strategies   VFC  VF (-0.79)


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Anticorrelated Assets

Assets that tend to move strongly against CLS



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.86)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.41)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.79)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.8)





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