DOOO Forecast


Bullish Case: The ongoing expansion in the personal watercraft market supports DOOO's upside, bolstered by strategic investments enhancing market share. Low implied volatility suggests potential price stability and merchant confidence.


Bearish Case: Increased competition and high debt levels pose significant risks to DOOO's profitability. Current high implied volatility indicates uncertainty, hinting at possible price corrections in the near term.


Potential Outcomes:

1) Continued market growth (60%), supported by strategic investments.

2) Increased competition leading to profit decline (30%).

3) Regulatory challenges negatively impacting the sector (10%).


Trading Oracle: Adopt a bullish stance by initiating a long call debit spread, targeting 70.00 C and 80.00 C strikes with an expiration of 60 days, capitalizing on positive price trends and limited downside. This strategy offers a favorable risk-reward profile in the current environment.


July 26, 2024


BRP Forecast

DOOO      BRP











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APA Forecast + Options Trading Strategies   APA  Apache (0.74)


GPRE Forecast + Options Trading Strategies   GPRE  Green Plains (0.72)


WHR Forecast + Options Trading Strategies   WHR  Whirlpool (0.71)



Uncorrelated Assets

Assets with little price relationship to DOOO



INDI Forecast + Options Trading Strategies   INDI  Indie Semiconductor (0.0)


LNTH Forecast + Options Trading Strategies   LNTH  Lantheus (-0.0)


ZG Forecast + Options Trading Strategies   ZG  Zillow (-0.0)


RIOT Forecast + Options Trading Strategies   RIOT  Riot Blockchain (-0.0)


BNS Forecast + Options Trading Strategies   BNS  Bank Of Nova Scotia (0.0)



Anticorrelated Assets

Assets that tend to move strongly against DOOO



CRWD Forecast + Options Trading Strategies   CRWD  Crowdstrike (-0.72)


SNPS Forecast + Options Trading Strategies   SNPS  Synopsys (-0.72)


LOGI Forecast + Options Trading Strategies   LOGI  Logitech International (-0.72)


DECK Forecast + Options Trading Strategies   DECK  Deckers Outdoor (-0.73)


BRBR Forecast + Options Trading Strategies   BRBR  Bellring Brands (-0.74)





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