FOX Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Strong historical price return trends suggest potential upside, especially with upcoming positive earnings forecasts and successful project launches boosting investor confidence.




Bearish Case: High implied volatility and market uncertainty indicate potential risks, particularly from ongoing competition and geopolitical tensions impacting advertising revenues.




Potential Outcomes:

1. Price rise by +5% due to strong Q4 earnings (40%).

2. Price remains stable within current range (35%).

3. Price drops by -10% amidst market volatility (25%).




Trading Oracle: Consider establishing a bullish debit spread by buying the $40 call and selling the $45 call, expiring in January 2025, capitalizing on current low volatility and positive market sentiment with a target price reach of $45. This strategy provides a high reward-to-risk ratio.



November 12, 2024


Fox Corporation - Forecast

FOX        Fox Corporation -











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GLNG Forecast + Options Trading Strategies   GLNG  Golar Lng (0.92)



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CGC Forecast + Options Trading Strategies   CGC  Canopy Growth (0.0)


LUV Forecast + Options Trading Strategies   LUV  Southwest Airlines (0.0)


TWO Forecast + Options Trading Strategies   TWO  Two Harbors Investment (0.0)


AMC Forecast + Options Trading Strategies   AMC  AMC Entertainment (0.0)


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Anticorrelated Assets

Assets that tend to move strongly against FOX



GO Forecast + Options Trading Strategies   GO  Grocery Outlet (-0.9)


ADNT Forecast + Options Trading Strategies   ADNT  Adient (-0.9)


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SEDG Forecast + Options Trading Strategies   SEDG  Solaredge (-0.91)


DLTR Forecast + Options Trading Strategies   DLTR  Dollar Tree (-0.93)









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