CM Forecast + Trading Strategies


Bullish Case: Strong earnings, improved trading revenues, and positive investor sentiment suggest potential upside for CM.


Bearish Case: Credit quality issues from rate hikes and rising delinquency rates could pressure CM’s stock downward.


Potential Outcomes: Economic recovery driving growth (60%), credit quality deterioration due to rate hikes (30%), market volatility impact (10%).


Trading Oracle: Sell short-term $48/$45 put credit spreads expiring in 86 days. Exploit Helium's high profit odds, low implied volatility, and improved returns. Tactical trade: 74% profit odds, annualized return ~17%, delta-hedged at -0.3.


June 27, 2024


Canadian Imperial Bank Of Commerce Forecast

CM      Canadian Imperial Bank Of Commerce











Correlated Assets

Assets that tend to move strongly with CM



EWC Forecast + Options Trading Strategies   EWC  BlackRock Institutional Trust Company N.A. - iShares MSCI Canada (0.97)


IWR Forecast + Options Trading Strategies   IWR  BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap (0.97)


EWG Forecast + Options Trading Strategies   EWG  BlackRock Institutional Trust Company N.A. - iShares MSCI Germany (0.96)


MDY Forecast + Options Trading Strategies   MDY  State Street Global Advisors - S&P MidCap 400 (0.96)


IWD Forecast + Options Trading Strategies   IWD  iShares Russell 1000 Value (0.96)



Uncorrelated Assets

Assets with little price relationship to CM



LZ Forecast + Options Trading Strategies   LZ  LegalZoom.com (-0.0)


MLI Forecast + Options Trading Strategies   MLI  Mueller Industries (-0.0)


APLE Forecast + Options Trading Strategies   APLE  Apple Hospitality REIT (0.0)


FXP Forecast + Options Trading Strategies   FXP  ProShares UltraShort FTSE China 50 (-0.01)


SVOL Forecast + Options Trading Strategies   SVOL  Simplify Volatility Premium (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against CM



SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.91)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.91)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.92)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.93)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.96)





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