DY Forecast


Bullish Case: With a positive edge across tenors, strong institutional interest, and rising earnings estimates, DY is well-positioned to appreciate significantly.


Bearish Case: Potential challenges such as rising raw material costs, labor shortages, and insider stock sales could negatively impact DY’s performance.


Potential Outcomes:

1. 40% Chance: Further earnings growth boosts stock price by +15%.

2. 30% Chance: Economic downturn impacts DY negatively by -12%.

3. 20% Chance: Raw material cost stability gives a minor boost of +5%.

4. 10% Chance: Insider stock sales depress stock by -8%.


Trading Oracle: Trade bullish debit spreads (Helium Long Volatility) targeting December 2024 expiry. Buy $180 calls & sell $195 calls. This optimizes for anticipated earning improvements and high volatility during the 90-day horizon, offering a high reward-to-risk ratio and a high probability of profit.


July 10, 2024


Dycom Industries Forecast

DY      Dycom Industries











Correlated Assets

Assets that tend to move strongly with DY



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.95)


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


VFC Forecast + Options Trading Strategies   VFC  VF (-0.68)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.74)



Uncorrelated Assets

Assets with little price relationship to DY



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


VFC Forecast + Options Trading Strategies   VFC  VF (-0.68)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.74)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.95)



Anticorrelated Assets

Assets that tend to move strongly against DY



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.95)


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


VFC Forecast + Options Trading Strategies   VFC  VF (-0.68)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.74)





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