CZR Forecast


Bullish Case: CZR's recent insider buying and positive insider confidence signal, coupled with upgrades and new functionalities in its app, indicate operational strength and potential revenue growth.


Bearish Case: High implied volatility, recent EPS miss, and lingering cybersecurity concerns suggest potential headwinds, with market uncertainty possibly driving the stock lower.


Potential Outcomes:

1. Stock stabilizes and recovers due to insider confidence and positive institutional activities (55%).

2. Continued cybersecurity concerns and earnings pressure lead to further decline (30%).

3. Regulatory issues impair operations, causing significant pullbacks (15%).


Trading Oracle: Logically trade long volatility debit spreads. Buy longer-dated slightly out-of-the-money call spreads expiring January 2025. High implied volatility and mean-reverting price justify the strategy. Monitor for shifts: high reward and risk-managed profits. Adjust positions on confirmed directional changes.


June 26, 2024


Caesars Entertainment Forecast

CZR      Caesars Entertainment











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Assets that tend to move strongly with CZR



VFC Forecast + Options Trading Strategies   VFC  VF (0.87)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.77)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.45)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.69)



Uncorrelated Assets

Assets with little price relationship to CZR



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.45)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.69)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.77)


VFC Forecast + Options Trading Strategies   VFC  VF (0.87)



Anticorrelated Assets

Assets that tend to move strongly against CZR



VFC Forecast + Options Trading Strategies   VFC  VF (0.87)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.77)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.45)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.69)





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