MAG Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Increased production efficiency and potential silver price recovery could lead to higher MAG earnings, attracting investor confidence, particularly post-earnings.




Bearish Case: Market pessimism driven by geopolitical uncertainties and mixed historical price actions may hinder price increases, risking further declines.




Potential Outcomes:

1. (40%) Strong earnings boost stock price significantly.

2. (30%) Market pessimism continues, driving stock lower.

3. (20%) Unexpected geopolitical event triggers volatility.

4. (10%) Silver prices surge unexpectedly, boosting MAG.




Trading Oracle: Consider executing a bullish debit spread by buying MAG 12/20/2024 17.50 calls and selling 20.00 calls. This plays the expected price recovery post-earnings with a favorable risk-reward setup. The valuation of outstanding calls indicates bullish sentiment. Target high IV for upside potential.



November 08, 2024


MAG Silver Forecast

MAG        MAG Silver











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JNUG Forecast + Options Trading Strategies   JNUG  Direxion Daily Junior Gold Miners Index Bu (0.97)


SILJ Forecast + Options Trading Strategies   SILJ  ETF Managers Group LLC - ETFMG Prime Junior Silver Miners (0.97)


KGC Forecast + Options Trading Strategies   KGC  Kinross Gold (0.95)


WPM Forecast + Options Trading Strategies   WPM  Wheaton Precious Metals (0.95)



Uncorrelated Assets

Assets with little price relationship to MAG



AUPH Forecast + Options Trading Strategies   AUPH  Aurinia Pharmaceuticals (0.0)


AMC Forecast + Options Trading Strategies   AMC  AMC Entertainment (-0.0)


VLO Forecast + Options Trading Strategies   VLO  Valero Energy (0.0)


AVXL Forecast + Options Trading Strategies   AVXL  Anavex Life Sciences (0.01)


BYD Forecast + Options Trading Strategies   BYD  Boyd Gaming (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against MAG



ADNT Forecast + Options Trading Strategies   ADNT  Adient (-0.83)


RCKT Forecast + Options Trading Strategies   RCKT  Rocket Pharmaceuticals (-0.85)


DLTR Forecast + Options Trading Strategies   DLTR  Dollar Tree (-0.87)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.89)


PGNY Forecast + Options Trading Strategies   PGNY  Progyny (-0.89)









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