J Forecast + Trading Strategies


Bullish Case: With J's strong historical performance (165.2% in 10 years) and solid long-term growth potential evident from historical return patterns, it supports a bullish sentiment. Recent price correction may provide a buying opportunity.


Bearish Case: Helium's implied volatility above market levels indicates an overestimation of uncertainty, raising concerns. Low options volume hints at limited investor interest, suggesting potential downside risks or stagnation.


Potential Outcomes: 70% J remains rangebound reflecting current volatility and low trading volume. 20% Rally on unforeseen, positive catalyst. 10% Decline driven by broader market headwinds.


Trading Oracle: Deploy a debit spread strategy on J by buying near-term $145.0 strike calls and selling $150.0 strike calls to capitalize on bullish opportunities with controlled risk. High reward:risk given recent price corrections and term structure.


July 16, 2024


Jacobs Engineering Group Forecast

J      Jacobs Engineering Group











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Uncorrelated Assets

Assets with little price relationship to J



OHI Forecast + Options Trading Strategies   OHI  Omega Healthcare Investors (0.0)


GAIN Forecast + Options Trading Strategies   GAIN  Gladstone Investment (-0.0)


EPAM Forecast + Options Trading Strategies   EPAM  EPAM Systems (-0.0)


SNAP Forecast + Options Trading Strategies   SNAP  Snapchat (0.01)


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Anticorrelated Assets

Assets that tend to move strongly against J



OPI Forecast + Options Trading Strategies   OPI  Office Properties Income (-0.76)


IRBT Forecast + Options Trading Strategies   IRBT  Irobot (-0.76)


SGML Forecast + Options Trading Strategies   SGML  Sigma Lithium (-0.78)


HLF Forecast + Options Trading Strategies   HLF  Herbalife Nutrition (-0.78)


AUPH Forecast + Options Trading Strategies   AUPH  Aurinia Pharmaceuticals (-0.78)





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