CSIQ Forecast + Trading Strategies


Bullish Case: Canadian Solar (CSIQ) could thrive, aided by increased demand for solar tech. Recent strategic partnerships and expansion initiatives, including the $500M deal with BlackRock, support significant growth potential, boosting investor sentiment.




Bearish Case: CSIQ faces persistent downward pressure from legal challenges and market volatility, risking further declines. Rising competition and industry headwinds likely add to investor caution, stalling price recovery efforts.




Potential Outcomes:
  • 1) Bullish sentiments drive price above $14 by Q1 2025: 40%
  • 2) Continued legal challenges suppress price below $10: 35%
  • 3) Price stabilizes between $10-$12: 25%




Trading Oracle: Leverage current high implied volatility by selling near-term $11 calls and buying $12 calls for a bullish debit spread, aiming for a 62% market expected return. Alternatively, consider a bearish credit spread with $10 puts, capitalizing on ongoing volatility. Time outlook leans slightly bullish, given recent positive developments.



November 19, 2024


Canadian Solar Forecast

CSIQ        Canadian Solar











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TAN Forecast + Options Trading Strategies   TAN  Invesco Solar (0.9)


AZUL Forecast + Options Trading Strategies   AZUL  Azul (0.9)


CABA Forecast + Options Trading Strategies   CABA  Cabaletta Bio (0.89)


DDD Forecast + Options Trading Strategies   DDD  3D Systems (0.89)


XRAY Forecast + Options Trading Strategies   XRAY  DENTSPLY Sirona (0.89)



Uncorrelated Assets

Assets with little price relationship to CSIQ



CRESY Forecast + Options Trading Strategies   CRESY  Cresud (-0.0)


DDOG Forecast + Options Trading Strategies   DDOG  Datadog (0.01)


JNJ Forecast + Options Trading Strategies   JNJ  Johnson & Johnson (-0.01)


LRMR Forecast + Options Trading Strategies   LRMR  Larimar Therapeutics (-0.02)


VRDN Forecast + Options Trading Strategies   VRDN  Viridian Therapeutics (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against CSIQ



HEI Forecast + Options Trading Strategies   HEI  Heico (-0.87)


BSX Forecast + Options Trading Strategies   BSX  Boston Scientific (-0.88)


FTAI Forecast + Options Trading Strategies   FTAI  Fortress Transportation and Infrastructure Investors (-0.89)


GDDY Forecast + Options Trading Strategies   GDDY  Godaddy (-0.9)


PGR Forecast + Options Trading Strategies   PGR  Progressive (-0.9)









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