Bullish Case: Positive upcoming product launches combined with a buyback strategy could drive demand, supporting revenue growth of 20% and recovering stock valuations, suggesting a strong bullish sentiment.

Bearish Case: Continued economic pressures and legal challenges may lead to a deterioration in consumer spending, risking significant revenue drops and maintaining high volatility in the stock, indicating a potential bearish outlook.

Potential Outcomes:

1. Strong revenue growth (60% chance).

2. Economic slowdown resulting in 10% revenue drop (30% chance).

3. Effective product launches boosting stock by 15% (10% chance).

Trading Oracle: Consider implementing a bullish strategy by selling 1 $17.00 put and buying 2 $14.00 puts, benefiting from reduced volatility and a 75% probability of profit, with an expected return of 15% (62% annualized). Focus on short-term gains given the current flat volatility structure.

October 27, 2024