LYTS Forecast


Bullish Case: LYTS's steady price gains over the past few years and increased demand for LED stocks are promising. Additionally, its mean-reverting nature suggests potential upward corrections, making long positions attractive.


Bearish Case: Elevated implied volatility and bearish analyst sentiment indicate possible downside risk. Recent price decline and 3% higher AI volatility forecast suggest LYTS could see further drops.


Potential Outcomes:

1. LYTS rises 10-15% after market correction (40%).

2. LYTS remains stable around $14.50 due to mean reversion (30%).

3. LYTS declines further by 5-10% on negative market sentiment (30%). High confidence is placed on probabilistic price movement fluctuations derived from historical trends.


Trading Oracle: Adopt a bullish Helium Long Volatility stance via bullish debit spreads, given mean reversion trends and moderate positive forecasts. Target near-term expirations within 60-90 days to capture corrective upwards movements. This strategy capitalizes on increased implied volatility for maximum profit potential.


June 30, 2024


LSI Industries Forecast

LYTS      LSI Industries











Correlated Assets

Assets that tend to move strongly with LYTS



CNX Forecast + Options Trading Strategies   CNX  CNX Resources (0.73)


SU Forecast + Options Trading Strategies   SU  Suncor Energy (0.7)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.69)


SM Forecast + Options Trading Strategies   SM  SM Energy (0.67)


ERX Forecast + Options Trading Strategies   ERX  Direxion Daily Energy Bull 2X Shares (0.66)



Uncorrelated Assets

Assets with little price relationship to LYTS



COHR Forecast + Options Trading Strategies   COHR  Coherent (0.0)


RGR Forecast + Options Trading Strategies   RGR  Sturm, Ruger & Co. (-0.0)


DOCU Forecast + Options Trading Strategies   DOCU  DocuSign (0.0)


WOR Forecast + Options Trading Strategies   WOR  Worthington Industries (0.0)


RGLD Forecast + Options Trading Strategies   RGLD  Royal Gold (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against LYTS



SSTK Forecast + Options Trading Strategies   SSTK  Shutterstock (-0.64)


PENN Forecast + Options Trading Strategies   PENN  Penn National Gaming (-0.64)


SBUX Forecast + Options Trading Strategies   SBUX  Starbucks (-0.67)


SBAC Forecast + Options Trading Strategies   SBAC  SBA Communications (-0.68)


NKE Forecast + Options Trading Strategies   NKE  Nike (-0.75)





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