GNRC Forecast + Trading Strategies


Bullish Case: GNRC's clean energy initiatives, positive AI price forecast, growing demand for backup power due to aggressive hurricane season, and increased call option volume indicate potential upside.


Bearish Case: Persistent legal challenges, insider sales, lowered earnings estimates, and higher implied volatility with flat-price action suggest potential downside risks.


Potential Outcomes:

1. Increased adoption of Generac products due to hurricanes (50%).

2. Legal challenges and weak sales impact stock (40%).

3. Neutral price action with limited movement (10%). Highest likelihood derived from relevant historical trends.


Trading Oracle: Trade bullish debit spreads; buy GNRC $140 calls, sell $145 calls expiring August 16, 2024. Leveraging volatility spikes and hurricane demand, this strategy targets short-term gains while ensuring controlled risk and a high probability-of-profit given current AI and market outlook.


June 28, 2024










Correlated Assets

Assets that tend to move strongly with GNRC



MCHP Forecast + Options Trading Strategies   MCHP  Microchip Technology (0.82)


DAL Forecast + Options Trading Strategies   DAL  Delta Air Lines (0.81)


LPX Forecast + Options Trading Strategies   LPX  Louisiana-Pacific (0.81)


HASI Forecast + Options Trading Strategies   HASI  Hannon Armstrong Sustainable Infrastructure (0.8)


AA Forecast + Options Trading Strategies   AA  Alcoa (0.8)



Uncorrelated Assets

Assets with little price relationship to GNRC



ARWR Forecast + Options Trading Strategies   ARWR  Arrowhead Pharmaceuticals (-0.0)


KNX Forecast + Options Trading Strategies   KNX  Knight-Swift Transportation (-0.0)


SUN Forecast + Options Trading Strategies   SUN  Sunoco (0.0)


XOP Forecast + Options Trading Strategies   XOP  SPDR Oil & Gas Exploration and Production (0.0)


ABCL Forecast + Options Trading Strategies   ABCL  AbCellera Biologics (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against GNRC



CQP Forecast + Options Trading Strategies   CQP  Cheniere Energy (-0.63)


ZSL Forecast + Options Trading Strategies   ZSL  ProShares UltraShort Silver (-0.64)


DLO Forecast + Options Trading Strategies   DLO  DLocal (-0.69)


JDST Forecast + Options Trading Strategies   JDST  Direxion Daily Junior Gold Miners Index Be (-0.7)


DUST Forecast + Options Trading Strategies   DUST  Direxion Daily Gold Miners Index Bear 2X S (-0.71)





Become a more profitable investor with AI optimized trading strategies






×

Chat with GNRC


 Ask any question about GNRC!