GRBK Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Strong institutional support and solid earnings growth underpin GRBK's potential for recovery, especially as implied volatility indicates markets underestimating this upside. Targeting longer expirations could capitalize on this growth.




Bearish Case: Elevated implied volatility signals market skepticism, suggesting potential overvaluation risk. Insider selling and mixed recent performance could lead to substantial pullbacks, particularly if broader market declines persist.




Potential Outcomes:

1) Continued earnings growth: 65% chance,

2) Market pullback leading to price decline: 25% chance,

3) Stable price range with minor fluctuations: 10% chance.




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November 20, 2024


Green Brick Forecast

GRBK        Green Brick











Correlated Assets

Assets that tend to move strongly with GRBK



PHM Forecast + Options Trading Strategies   PHM  PulteGroup (0.94)


HCA Forecast + Options Trading Strategies   HCA  HCA Healthcare (0.92)


ITB Forecast + Options Trading Strategies   ITB  BTC iShares U.S. Home Construction (0.92)


ICE Forecast + Options Trading Strategies   ICE  Intercontinental Exchange (0.92)


MOD Forecast + Options Trading Strategies   MOD  Modine Manufacturing (0.9)



Uncorrelated Assets

Assets with little price relationship to GRBK



BUD Forecast + Options Trading Strategies   BUD  Anheuser-Busch (0.0)


OLPX Forecast + Options Trading Strategies   OLPX  Olaplex (-0.0)


AVXL Forecast + Options Trading Strategies   AVXL  Anavex Life Sciences (-0.02)


IVR Forecast + Options Trading Strategies   IVR  Invesco Mortgage (-0.02)


HCC Forecast + Options Trading Strategies   HCC  Warrior Met Coal (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against GRBK



CRSR Forecast + Options Trading Strategies   CRSR  Corsair Gaming (-0.84)


EWCZ Forecast + Options Trading Strategies   EWCZ  European Wax Center (-0.85)


OCSL Forecast + Options Trading Strategies   OCSL  Oaktree Specialty Lending (-0.87)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.88)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.88)









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