MLCO Forecast




Price Forecast:


Bearish<—>Bullish




Bullish Case: MLCO's prospects are bolstered by continued recovery in Macau tourism and favorable gaming trends, with rising call option volumes indicating bullish market sentiment and heightened investor interest.




Bearish Case: Persisting high speculative volatility and historical underperformance raise concerns over MLCO's sustainability, suggesting potential downside risk amid ongoing market uncertainty.




Potential Outcomes:
  • 60% chance of upward movement thanks to ongoing tourism recovery.
  • 30% chance of stagnation due to historical trends.
  • 10% chance of volatility surprises leading to acute price swings.




Trading Oracle: Consider executing a bullish debit spread by purchasing 1 $7 call while selling 1 $8 call for January 2025. This strategy targets elevated near-term volatility and benefits from the anticipated rebound, ensuring a favorable risk-reward profile.



December 11, 2024


Melco Resorts & Entertainment Forecast

MLCO        Melco Resorts & Entertainment











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Assets with little price relationship to MLCO



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APLD Forecast + Options Trading Strategies   APLD  Applied Blockchain (0.0)


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Anticorrelated Assets

Assets that tend to move strongly against MLCO



PGR Forecast + Options Trading Strategies   PGR  Progressive (-0.64)


PAY Forecast + Options Trading Strategies   PAY  Paymentus (-0.64)


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UTI Forecast + Options Trading Strategies   UTI  Universal Technical Institute (-0.69)


FDX Forecast + Options Trading Strategies   FDX  Fedex (-0.78)









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