CRS Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: CRS's strategic position in the aerospace sector is resilient, supporting long-term growth amid increasing demand.




Bearish Case: Flat implied volatility and high put trading volume suggest skepticism, potentially driven by market uncertainty and debt concerns.




Potential Outcomes: 30% chance of slight increase due to strategic positioning; 50% stability amid mean reversion; 20% decline with market volatility.




Trading Oracle: Sell Feb 21, 160/165 put credit spread for a neutral-to-bearish stance, capitalizing on high implied volatility and mean reversion, targeting 70% probability profit. Manage risk with precision.



January 09, 2025


Carpenter Technology Forecast

CRS        Carpenter Technology











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Uncorrelated Assets

Assets with little price relationship to CRS



FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (-0.01)


FEZ Forecast + Options Trading Strategies   FEZ  SPDR EURO Stoxx 50 (0.02)


IGM Forecast + Options Trading Strategies   IGM  BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector (0.03)


PAYC Forecast + Options Trading Strategies   PAYC  Paycom Software (0.03)


S Forecast + Options Trading Strategies   S  Sprint (0.04)



Anticorrelated Assets

Assets that tend to move strongly against CRS



LEA Forecast + Options Trading Strategies   LEA  Lear (-0.91)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.92)


XRX Forecast + Options Trading Strategies   XRX  Xerox (-0.93)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.93)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.94)









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