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LH Forecast + Trading Strategies



Price Forecast:


Bearish   <->   Bullish



Bullish Case: A favorable earnings report expected by end of Q3, paired with increased healthcare service demand, could drive LH's stock price upward. The implied volatility suggests bullish sentiment, indicating market anticipation of growth.



Bearish Case: Increased competition in the healthcare sector and regulatory challenges may hinder LH's performance, as indicated by rising implied volatility and historical return trends suggesting potential for losses over short holding periods.



Potential Outcomes:

1. Positive earnings lead to a 5% price increase (60% likelihood);

2. Regulatory impacts cause a 7% drop in price (25% likelihood);

3. Flat performance continues (15% likelihood). Market indicators favor consolidation with more volatility.



Trading Oracle: Consider implementing a bullish long call spread by purchasing LH 12/20/2024 $230 calls and selling $240 calls. Given current forecasted volatility, this offers a favorable risk-reward setup aiming for a 10-15% potential upside with approximately 80% probability of profit.


October 20, 2024


Laboratory Corp. Of America Forecast

LH        Laboratory Corp. Of America

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CCOI Forecast + Options Trading Strategies   CCOI  Cogent Communications (0.75)


G Forecast + Options Trading Strategies   G  Genpact (0.75)



Uncorrelated Assets

Assets with little price relationship to LH


AIQ Forecast + Options Trading Strategies   AIQ  Global X Funds - Global X Artificial Intelligence & Technology (-0.0)


MVIS Forecast + Options Trading Strategies   MVIS  Microvision (-0.0)


MQ Forecast + Options Trading Strategies   MQ  Marqeta (0.0)


BAH Forecast + Options Trading Strategies   BAH  Booz Allen Hamilton (0.0)


BLOK Forecast + Options Trading Strategies   BLOK  Amplify Transformational Data Sharing (0.0)



Anticorrelated Assets

Assets that tend to move strongly against LH


OVV Forecast + Options Trading Strategies   OVV  Ovintiv (-0.72)


SIMO Forecast + Options Trading Strategies   SIMO  Silicon Motion Technology (-0.74)


STAA Forecast + Options Trading Strategies   STAA  Staar Surgical (-0.74)


RRC Forecast + Options Trading Strategies   RRC  Range Resources (-0.76)


CTRA Forecast + Options Trading Strategies   CTRA  Coterra Energy (-0.77)







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