COMM Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Despite current volatility, positive insider sentiment and potential synergies from acquisitions may drive COMM upward, positioning it for recovery in the medium term.




Bearish Case: Persistently high implied volatility indicates market skepticism, suggesting continued downside risks due to weak market demand and earnings expectations.




Potential Outcomes:

1) Short-term recovery (+1.5% chance 40%).

2) Long-term stability (25% chance 30%).

3) Persistent decline (35% chance). Balancing these risks helps in deciding trading strategies.




Trading Oracle: Adopt a bullish call debit spread by buying $4.50 calls and selling $5.00 calls, targeting November 16, 2024. This leverages elevated implied volatility for potentially high returns while limiting downside risk. Monitor the outcome closely for a potential bullish sentiment shift.



November 12, 2024


CommScope Forecast

COMM        CommScope











Correlated Assets

Assets that tend to move strongly with COMM



RDFN Forecast + Options Trading Strategies   RDFN  Redfin (0.9)


TAC Forecast + Options Trading Strategies   TAC  Transalta (0.88)


XEL Forecast + Options Trading Strategies   XEL  Xcel Energy (0.88)


G Forecast + Options Trading Strategies   G  Genpact (0.88)


CWAN Forecast + Options Trading Strategies   CWAN  Clearwater Analytics Holdings (0.88)



Uncorrelated Assets

Assets with little price relationship to COMM



SU Forecast + Options Trading Strategies   SU  Suncor Energy (0.0)


HESM Forecast + Options Trading Strategies   HESM  Hess Midstream LP (0.0)


AMZN Forecast + Options Trading Strategies   AMZN  Amazon.com (0.0)


IQV Forecast + Options Trading Strategies   IQV  IQVIA (0.0)


ALGT Forecast + Options Trading Strategies   ALGT  Allegiant Travel (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against COMM



CELH Forecast + Options Trading Strategies   CELH  Celsius (-0.85)


OVV Forecast + Options Trading Strategies   OVV  Ovintiv (-0.86)


CTRA Forecast + Options Trading Strategies   CTRA  Coterra Energy (-0.86)


BP Forecast + Options Trading Strategies   BP  BP (-0.87)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (-0.9)









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