Price Forecast:

Bullish Case: GRAB shows strong call option interest, indicating bullish sentiment. With market volatility peaking in late December, potential positive earnings or partnership news could drive prices higher.

Bearish Case: High implied volatility suggests significant uncertainty, which may depress GRAB’s stock price if upcoming earnings disappoint or if broader market conditions worsen.

Potential Outcomes:

1.

**Rally to $6+ (25%)

**: Positive earnings or partnership news boosts confidence.

2.

**Drop to $4.50 (30%)

**: Elevated volatility leads to a market correction.

3.

**Stability around $5.43 (45%)

**: Market absorbs recent price movement as traders await more data.

Trading Oracle: Consider a bullish debit spread: Buy GRAB 12/27/2024 $6.00 calls and sell $6.50 calls. This strategy leverages upward price momentum with manageable risk due to high volatility expectations. Maintain a neutral to bullish stance for January 2025 expiring options, capitalizing on peak volatility.

December 11, 2024