Maximize Returns with AI-Powered HBI Trading Strategies


HBI Forecast + Trading Strategies



Price Forecast:


Bearish   <->   Bullish



Bullish Case: Investor confidence is bolstered by potential debt reduction and improving operational efficiencies. Recent trading volume favors call options, suggesting upward momentum toward the $9-$10 range in the short-term.



Bearish Case: Persistent high operational debt and disappointing earnings could keep HBI under pressure, risking a drop toward $6 if market sentiment deteriorates further, exacerbated by potential activist intervention.



Potential Outcomes:

1. Price rises to $10 (40% chance): Positive investor sentiment and operational improvement.

2. Price stabilizes around $8 (30% chance): Balanced investor outlook amidst uncertainty.

3. Price drops to $6 (30% chance): Debt issues lead to bearish investor reactions.



Trading Oracle: Implement a bullish debit spread by buying 3 $7.0 calls and selling 2 $8.0 calls, targeting short-term gains from positive sentiment while managing volatility risks. Given the favorable implied volatility and current price momentum, this strategy captures upside potential with controlled risk.


November 08, 2024


Hanesbrands Forecast

HBI        Hanesbrands

4 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

9 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

20 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

36 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

49 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts











Correlated Assets

Assets that tend to move strongly with HBI


SPG Forecast + Options Trading Strategies   SPG  Simon Property Group (0.94)


MHK Forecast + Options Trading Strategies   MHK  Mohawk Industries (0.93)


IRM Forecast + Options Trading Strategies   IRM  Iron Mountain (0.93)


VIG Forecast + Options Trading Strategies   VIG  Vanguard Group, Inc. - Vanguard Dividend Appreciation FTF (0.93)


DGRO Forecast + Options Trading Strategies   DGRO  iShares Core Dividend Growth (0.93)



Uncorrelated Assets

Assets with little price relationship to HBI


CTAS Forecast + Options Trading Strategies   CTAS  Cintas (-0.0)


AEO Forecast + Options Trading Strategies   AEO  American Eagle Outfitters (0.0)


HZO Forecast + Options Trading Strategies   HZO  Marinemax (-0.0)


PPSI Forecast + Options Trading Strategies   PPSI  Pioneer Power (-0.0)


HCC Forecast + Options Trading Strategies   HCC  Warrior Met Coal (0.0)



Anticorrelated Assets

Assets that tend to move strongly against HBI


SOYB Forecast + Options Trading Strategies   SOYB  Teucrium Soybean (-0.85)


OCSL Forecast + Options Trading Strategies   OCSL  Oaktree Specialty Lending (-0.85)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.89)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.89)


LABD Forecast + Options Trading Strategies   LABD  Direxion Daily S&P Biotech Bear 3X Shares (-0.91)







Become a more profitable investor with AI optimized trading strategies





×

Chat with HBI


 Ask any question about HBI!