DKS Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: Strong historical growth, positive AI forecasts, and a potential for increased demand in warmer categories underpin a bullish outlook.




Bearish Case: High implied volatility, insider selling, and a strong sell rating hint at overvaluation, risking a downward correction.




Potential Outcomes: Growth continuation is likely (60%) due to positive historical momentum; potential correction due to overvaluation concerns (30%); significant downturn if market conditions worsen (10%).




Trading Oracle: Utilize bullish debit spreads targeting short-term strength. Buy a $240 call, sell a $245 call expiring in 30 days. This takes advantage of seasonal sales and positive AI forecasts, with a high reward:risk ratio.



February 02, 2025


Dicks Sporting Goods Forecast

DKS        Dicks Sporting Goods











Correlated Assets

Assets that tend to move strongly with DKS



ONON Forecast + Options Trading Strategies   ONON  On (0.55)


HIMS Forecast + Options Trading Strategies   HIMS  Hims & Hers Health (0.55)


VIST Forecast + Options Trading Strategies   VIST  Vista Oil & Gas Sab De Cv (0.55)


PPTA Forecast + Options Trading Strategies   PPTA  Perpetua Resources (0.54)


FTK Forecast + Options Trading Strategies   FTK  Flotek Industries (0.54)



Uncorrelated Assets

Assets with little price relationship to DKS



OGN Forecast + Options Trading Strategies   OGN  Organon (0.0)


ADM Forecast + Options Trading Strategies   ADM  Archer Daniels Midland (0.0)


UNH Forecast + Options Trading Strategies   UNH  Unitedhealth (0.01)


GIII Forecast + Options Trading Strategies   GIII  G-III Apparel (0.01)


TMV Forecast + Options Trading Strategies   TMV  Direxion Daily 20+ Year Treasury Bear 3X Shares (0.01)



Anticorrelated Assets

Assets that tend to move strongly against DKS



SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.51)


X Forecast + Options Trading Strategies   X  United States Steel (-0.51)


IEP Forecast + Options Trading Strategies   IEP  Icahn (-0.53)


AMR Forecast + Options Trading Strategies   AMR  Alta Mesa Resources (-0.53)


ARVN Forecast + Options Trading Strategies   ARVN  Arvinas (-0.57)









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