HELE Forecast


Bullish Case: Solid Q2 earnings exceeded expectations. Insider buying and sustained high implied volatility suggest market misvaluation. Forward-looking analyst reports indicate potential upward revisions.


Bearish Case: Persistent near-term operational challenges, missed EPS targets, and declining institutional interest. Likely prolonged underperformance underlined by backwardation in IV term structure.


Potential Outcomes:

1. Growth above $100: 30%.

2. Decline below $85 due to sustained challenges: 45%.

3. Stabilization in $90-100 range: 25%. Backwardation points to higher short-term risks.


Trading Oracle: Employ a bullish call debit spread targeting the $95-$105 strikes for August. Use the 'long volatility' strategy to exploit high near-term implied volatility and potential upside surprises. Adjust dynamically based on earnings guidance.


July 02, 2024


Helen of Troy Forecast

HELE      Helen of Troy











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HSIC Forecast + Options Trading Strategies   HSIC  Henry Schein (0.88)


PZZA Forecast + Options Trading Strategies   PZZA  Papa John's International (0.87)


JNJ Forecast + Options Trading Strategies   JNJ  Johnson & Johnson (0.87)



Uncorrelated Assets

Assets with little price relationship to HELE



DHI Forecast + Options Trading Strategies   DHI  D.R. Horton (-0.0)


HIMX Forecast + Options Trading Strategies   HIMX  Himax (-0.0)


SUN Forecast + Options Trading Strategies   SUN  Sunoco (-0.0)


OIH Forecast + Options Trading Strategies   OIH  VanEck Vectors Oil Services (0.0)


XBI Forecast + Options Trading Strategies   XBI  SPDR Biotech (0.0)



Anticorrelated Assets

Assets that tend to move strongly against HELE



RRC Forecast + Options Trading Strategies   RRC  Range Resources (-0.65)


ACGL Forecast + Options Trading Strategies   ACGL  Arch (-0.68)


FTI Forecast + Options Trading Strategies   FTI  TechnipFMC (-0.71)


ARLP Forecast + Options Trading Strategies   ARLP  Alliance Resource (-0.73)


SHEL Forecast + Options Trading Strategies   SHEL  Shell Plc - ADR (Representing) (-0.8)





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