LECO Forecast


Bullish Case: LECO shows institutional backing, cost control strategies, and mean reversion. The implied volatility is higher at deeper strike prices, suggesting future upside potential.


Bearish Case: Despite institutional support, LECO has seen a recent -16.2% 90-day decline and increased put option trading volume. Historical downtrends indicate potential further declines.


Potential Outcomes: 10% breakout above $250, 20% rise above $230 driven by institution support, 50% mean reversion around $200, 20% decline below $180 driven by bearish sentiment.


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July 16, 2024


Lincoln Electric Holdings Forecast

LECO      Lincoln Electric Holdings











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Uncorrelated Assets

Assets with little price relationship to LECO



JNJ Forecast + Options Trading Strategies   JNJ  Johnson & Johnson (-0.0)


PZZA Forecast + Options Trading Strategies   PZZA  Papa John's International (0.0)


PCG Forecast + Options Trading Strategies   PCG  PG&E (-0.0)


SMPL Forecast + Options Trading Strategies   SMPL  Simply Good Foods (0.0)


HPE Forecast + Options Trading Strategies   HPE  Hewlett Packard Enterprise (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against LECO



BOIL Forecast + Options Trading Strategies   BOIL  ProShares Ultra Bloomberg Natural Gas (-0.76)


APD Forecast + Options Trading Strategies   APD  Air Products & Chemicals (-0.76)


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SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.77)


DOG Forecast + Options Trading Strategies   DOG  ProShares Short Dow30 (-0.79)





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