GPRO Forecast


Bullish Case: GPRO's new partnerships, product enhancements, and competitive pricing could boost short-term sales and improve market position, especially if HERO 12 Black outperforms expectations.


Bearish Case: Intense competition from rivals like DJI and Insta360, coupled with poor historical performance and stagnant demand, may drive GPRO stock further down, particularly amidst ongoing financial challenges.


Potential Outcomes:

1. Product-driven sales boost (30%).

2. Market share erosion due to competition (50%).

3. Continued stock underperformance (20%).


Trading Oracle: Craft bearish credit spreads on GPRO short-dated options expiring on October 18, 2024. Utilize the high implied volatility and stagnant price action for premium decay, aiming for a high probability of profit (>65%) with positive edge.


July 10, 2024


GoPro Forecast

GPRO      GoPro











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Anticorrelated Assets

Assets that tend to move strongly against GPRO



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YCS Forecast + Options Trading Strategies   YCS  ProShares UltraShort Yen (-0.95)





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