MLCO Forecast + Trading Strategies


Bullish Case: MLCO’s price is positioned for a bullish outlook given the stabilizing implied volatility and recent positive returns since Macau’s market recovery.


Bearish Case: Historical underperformance and consistent mean reversion indicate potential downside. Elevated implied volatility suggests market uncertainty could pressure prices further.


Potential Outcomes: 60% chance of recovery due to Macau market improvements. 30% risk of decline reflecting historical trends and volatility. 10% chance of high volatility causing rapid price fluctuations.


Trading Oracle: Bearish outlook with short volatility plays. Initiate a credit spread, sell 2 $8.0 strike and buy 5 $10.0 strike calls expiring in 37 days. This leverages high IV, targeting 74% profit chances. Focus on short-term strategies to capitalize on mean reversion and elevated volatility.


July 10, 2024


Melco Resorts & Entertainment Forecast

MLCO      Melco Resorts & Entertainment











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Uncorrelated Assets

Assets with little price relationship to MLCO



TENB Forecast + Options Trading Strategies   TENB  Tenable (-0.0)


LZ Forecast + Options Trading Strategies   LZ  LegalZoom.com (0.0)


CTVA Forecast + Options Trading Strategies   CTVA  Corteva (0.0)


CF Forecast + Options Trading Strategies   CF  CF Industries (0.0)


HL Forecast + Options Trading Strategies   HL  Hecla Mining (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against MLCO



AXON Forecast + Options Trading Strategies   AXON  Axon Enterprise (-0.77)


GEO Forecast + Options Trading Strategies   GEO  Geo Group (-0.77)


SWBI Forecast + Options Trading Strategies   SWBI  Smith & Wesson Brands (-0.77)


PGR Forecast + Options Trading Strategies   PGR  Progressive (-0.79)


LFMD Forecast + Options Trading Strategies   LFMD  LifeMD (-0.8)


MLCO News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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