CRUS Forecast + Trading Strategies


Bullish Case: CRUS has strong momentum, robust financials, and positive sentiment from institutional investors, driving potential further gains.


Bearish Case: Insider selling, high implied volatility, and competitive semiconductor market conditions pose significant downside risks ahead.


Potential Outcomes:

1. Continued rally due to robust institutional confidence: 30%.

2. Short-term correction due to mean reversion patterns: 40%.

3. Sustained mean-reversion: 30%.


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June 18, 2024


Cirrus Logic Forecast

CRUS      Cirrus Logic











Correlated Assets

Assets that tend to move strongly with CRUS



NXPI Forecast + Options Trading Strategies   NXPI  NXP Semiconductors (0.95)


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


RSP Forecast + Options Trading Strategies   RSP  Invesco S&P 500 Equal Weight (0.93)


OTIS Forecast + Options Trading Strategies   OTIS  Otis Worldwide (0.93)


UCTT Forecast + Options Trading Strategies   UCTT  Ultra Clean Hldgs (0.93)



Uncorrelated Assets

Assets with little price relationship to CRUS



FSK Forecast + Options Trading Strategies   FSK  FS KKR (-0.0)


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


JD Forecast + Options Trading Strategies   JD  JD.com (-0.0)


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


UAA Forecast + Options Trading Strategies   UAA  Under Armour (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)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-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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