MHK Forecast + Trading Strategies


Bullish Case: MHK shows strong recovery signs with positive price momentum, low price-to-book ratio, and improving consumer confidence. Historical returns and Helium's bullish forecast support this case.


Bearish Case: Insider selling, higher volatility expectations, and macroeconomic downturn risks pose significant threats. Current investor uncertainty and flat trading patterns remain cautionary signals.


Potential Outcomes:

1. Bullish continuation with recovery momentum (40%).

2. Sideways movement due to investor uncertainty (40%).

3. Downside risk amid macroeconomic concerns (20%). These projections are based on the current market conditions and historical data insights.


Trading Oracle: Initiate a bullish call debit spread targeting December 20, 2024. Buy $120 call, sell $140 call. Leverage Helium’s positive edge and historical momentum. This strategy aims for a high reward-to-risk ratio with justified optimism in MHK’s recovery. Optimize based on current term structures and volatility trends.


July 16, 2024


Mohawk Industries Forecast

MHK      Mohawk Industries











Correlated Assets

Assets that tend to move strongly with MHK



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.84)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.5)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.5)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.53)



Uncorrelated Assets

Assets with little price relationship to MHK



LI Forecast + Options Trading Strategies   LI  Li Auto (-0.5)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.5)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.53)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.84)



Anticorrelated Assets

Assets that tend to move strongly against MHK



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.84)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.5)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.5)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.53)





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