GT Forecast + Trading Strategies


Bullish Case: Despite ongoing challenges, GT's restructuring initiatives and insider buying signal potential recovery. Lower implied volatility at higher strike prices indicates market confidence.


Bearish Case: GT's historical underperformance, debt load, and forecasted volatility suggest continued downside risk. The Helium-Uncertainty hits -15 for lower strike prices, indicating high bearish sentiment.


Potential Outcomes:

1. Short-term gains (40%): Stability and restructuring benefits.

2. Price stagnation (35%): Persistent operational challenges.

3. Long-term decline (25%): Historical underperformance and debt burden.


Trading Oracle: Execute a bearish short volatility strategy by selling 1 $12.0 call, buying 1 $14.0 call expiring in 46 days. Market and Helium odds of 76%, high return/risk and positive edge with 14% annual return. Maximize alpha with current trends.


July 03, 2024


Goodyear Tire & Rubber Forecast

GT      Goodyear Tire & Rubber











Correlated Assets

Assets that tend to move strongly with GT



FIVN Forecast + Options Trading Strategies   FIVN  Five9 (0.8)


BERY Forecast + Options Trading Strategies   BERY  Berry (0.79)


EPR Forecast + Options Trading Strategies   EPR  EPR Properties (0.78)


DLB Forecast + Options Trading Strategies   DLB  Dolby Laboratories (0.77)


GTN Forecast + Options Trading Strategies   GTN  Gray Television (0.77)



Uncorrelated Assets

Assets with little price relationship to GT



PFGC Forecast + Options Trading Strategies   PFGC  Performance Food (-0.0)


SHW Forecast + Options Trading Strategies   SHW  Sherwin-Williams (0.0)


KWEB Forecast + Options Trading Strategies   KWEB  KraneShares CSI China Internet (-0.0)


FNV Forecast + Options Trading Strategies   FNV  Franco-Nevada (0.0)


CNC Forecast + Options Trading Strategies   CNC  Centene (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against GT



CNX Forecast + Options Trading Strategies   CNX  CNX Resources (-0.63)


USO Forecast + Options Trading Strategies   USO  United States Commodity Funds (-0.64)


HQY Forecast + Options Trading Strategies   HQY  Healthequity (-0.65)


BNO Forecast + Options Trading Strategies   BNO  United States Commodity Funds LLC - United States Brent Crude Oil (-0.65)


BJ Forecast + Options Trading Strategies   BJ  BJ's Wholesale Club (-0.69)





Become a more profitable investor with AI optimized trading strategies






×

Chat with GT


 Ask any question about GT!