EXTR Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: EXTR's strategic partnerships and potential in enterprise networking support growth. Low implied volatilities provide an opportunity for call options on expected earnings surprises.




Bearish Case: Persistent competition and supply chain issues create downside risks. A high P/B ratio and recent insider selling signal potential overvaluation and investor skepticism.




Potential Outcomes:
  • Growth via new partnerships (50%)
  • Supply chain disruptions (30%)
  • Competitive pressures reduce market share (20%)




Trading Oracle: Consider a bullish debit spread by purchasing the $16 call and selling the $18 call, expiring in ~60 days. The flat implied volatility provides a favorable entry with high reward-to-risk, anticipating positive earnings announcements.



February 07, 2025


Extreme Networks Forecast

EXTR        Extreme Networks











Correlated Assets

Assets that tend to move strongly with EXTR



RKLB Forecast + Options Trading Strategies   RKLB  Rocket Lab USA (0.95)


OPFI Forecast + Options Trading Strategies   OPFI  OppFi (0.93)


TVTX Forecast + Options Trading Strategies   TVTX  Travere Therapeutics (0.93)


SAP Forecast + Options Trading Strategies   SAP  Sap SE (0.92)


COHR Forecast + Options Trading Strategies   COHR  Coherent (0.92)



Uncorrelated Assets

Assets with little price relationship to EXTR



PLTK Forecast + Options Trading Strategies   PLTK  Playtika (-0.01)


FREY Forecast + Options Trading Strategies   FREY  FREYR Battery (0.02)


FLNC Forecast + Options Trading Strategies   FLNC  Fluence Energy (-0.02)


CPS Forecast + Options Trading Strategies   CPS  Cooper-Standard (-0.03)


ODFL Forecast + Options Trading Strategies   ODFL  Old Dominion Freight Line (-0.03)



Anticorrelated Assets

Assets that tend to move strongly against EXTR



OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (-0.9)


AVNW Forecast + Options Trading Strategies   AVNW  Aviat Networks (-0.9)


DVN Forecast + Options Trading Strategies   DVN  Devon Energy (-0.9)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.91)


GES Forecast + Options Trading Strategies   GES  Guess (-0.92)









Become a more profitable investor with AI optimized trading strategies






×

Chat with EXTR


 Ask any question about EXTR!