EYE Forecast


Bullish Case: EYE's sharp recent declines suggest a tactical rebound. High call option volumes signal bullish sentiment and a potential upward move by traders. Historical mean reversion patterns may catalyze price recovery.


Bearish Case: EYE's term structure indicates backwardation, with short-term high volatilities suggesting immediate market concerns. Substantial price declines and the overall market sentiment hint at ongoing pessimism.


Potential Outcomes: Modest recovery with price stabilization: 40%
Continued decline due to prevailing negative trend: 35%
High volatility with unpredictable swings: 25%


Trading Oracle: Trade a long volatility debit spread by buying EYE July 2024 $12.50 calls and selling EYE July 2024 $15 calls. This strategy leverages the near-term high volatilities and potential price rebounds within a high-risk but attractive reward framework.


June 19, 2024


National Vision Forecast

EYE      National Vision











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