CLX Forecast + Trading Strategies


Bullish Case: Clorox's emphasis on innovation with generative AI, strong brand portfolio, and consistent dividend payouts bolster optimism. Helium's implied volatility is lower than market's, suggesting less perceived risk for CLX.


Bearish Case: Cybersecurity weaknesses and increased operational costs create lingering uncertainties. High price-to-book ratio and competitive pressures may limit upside. Elevated short-term volatility indicates possible near-term challenges.


Potential Outcomes: Successful innovation boosting performance (30%), operational challenges and cyber risks resulting in stagnant returns (40%), unexpected positive catalysts driving significant upside (30%).


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June 23, 2024










Correlated Assets

Assets that tend to move strongly with CLX



MNRO Forecast + Options Trading Strategies   MNRO  Monro (0.88)


BAX Forecast + Options Trading Strategies   BAX  Baxter International (0.88)


LVS Forecast + Options Trading Strategies   LVS  Las Vegas Sands (0.83)


CWH Forecast + Options Trading Strategies   CWH  Camping World (0.83)


MORF Forecast + Options Trading Strategies   MORF  Morphic (0.83)



Uncorrelated Assets

Assets with little price relationship to CLX



PRIM Forecast + Options Trading Strategies   PRIM  Primoris Services (0.0)


XLK Forecast + Options Trading Strategies   XLK  Technology Select Sector SPDR (-0.0)


ARDX Forecast + Options Trading Strategies   ARDX  Ardelyx (0.0)


MFC Forecast + Options Trading Strategies   MFC  Manulife Financial (-0.0)


RCL Forecast + Options Trading Strategies   RCL  Royal Caribbean (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against CLX



SHEL Forecast + Options Trading Strategies   SHEL  Shell Plc - ADR (Representing) (-0.61)


LEU Forecast + Options Trading Strategies   LEU  Centrus Energy (-0.63)


DAKT Forecast + Options Trading Strategies   DAKT  Daktronics (-0.64)


ARLP Forecast + Options Trading Strategies   ARLP  Alliance Resource (-0.82)


FTK Forecast + Options Trading Strategies   FTK  Flotek Industries (-0.82)





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