CRUS Forecast + Trading Strategies


Bullish Case: CRUS shows strong momentum with institutional support. Positive Helium AI bullish forecast (+1.51%) and historically low long-term volatility support a near-term price upswing.


Bearish Case: Insider selling and high implied volatility suggest caution. Helium's elevated uncertainty vs. market implied volatility indicates potential downside risks. A price decline may be likely.


Potential Outcomes:

1. Significant upward movement (35%) due to robust earnings and positive sentiment.

2. Sideways trend (40%) from lingering market uncertainty.

3. Notable decline (25%) driven by insider sales and competitive pressures.


Trading Oracle: Engage in a bullish short volatility strategy: Sell 1 CRUS $135.0 put, buy 2 CRUS $130.0 puts expiring in ~7 days. Positive edge, 76% probability-of-profit. Leverage current optimism for strategic advantages, aiming for low-risk, high-reward returns.


July 16, 2024


Cirrus Logic Forecast

CRUS      Cirrus Logic











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Assets that tend to move strongly with CRUS



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SOXL Forecast + Options Trading Strategies   SOXL  Direxion Daily Semiconductor Bull 3X Shares (0.94)


XRT Forecast + Options Trading Strategies   XRT  SPDR Retail (0.93)


SPHB Forecast + Options Trading Strategies   SPHB  Invesco Capital Management LLC - Invesco S&P 500 High Beta (0.93)



Uncorrelated Assets

Assets with little price relationship to CRUS



KLIC Forecast + Options Trading Strategies   KLIC  Kulicke & Soffa Industries (-0.0)


SVOL Forecast + Options Trading Strategies   SVOL  Simplify Volatility Premium (-0.0)


LVS Forecast + Options Trading Strategies   LVS  Las Vegas Sands (0.0)


DE Forecast + Options Trading Strategies   DE  Deere (0.0)


DBRG Forecast + Options Trading Strategies   DBRG  DigitalBridge (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against CRUS



SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.91)


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


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.92)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.92)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.92)





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