MNRO Forecast




Price Forecast:


Bearish<—>Bullish



80% Confidence




Bullish Case: Mean-reverting behavior and rising used car sales suggest potential recovery, supported by stable fundamentals and strategic initiatives.




Bearish Case: High competition, declining financial performance, and economic recession risks could further pressure MNRO, with uncertainty exacerbated by high implied volatility.




Potential Outcomes: 55% Gradual recovery from increased car maintenance demand. 25% Stagnation due to economic headwinds. 20% Volatility-driven declines from competition.




Trading Oracle: Adopt a bullish debit spread on MNRO 25.00 C options, leveraging high implied volatility and potential upside from mean reversion. Target 30-60 days to capture gains as price stabilizes. This strategy maximizes potential returns with minimal risk exposure.



December 31, 2024


Monro Forecast

MNRO        Monro











Correlated Assets

Assets that tend to move strongly with MNRO



CWH Forecast + Options Trading Strategies   CWH  Camping World (0.84)


WY Forecast + Options Trading Strategies   WY  Weyerhaeuser (0.84)


THO Forecast + Options Trading Strategies   THO  Thor Industries (0.81)


BC Forecast + Options Trading Strategies   BC  Brunswick (0.81)


CBRL Forecast + Options Trading Strategies   CBRL  Cracker Barrel Old Country Store (0.77)



Uncorrelated Assets

Assets with little price relationship to MNRO



SWBI Forecast + Options Trading Strategies   SWBI  Smith & Wesson Brands (-0.0)


TPG Forecast + Options Trading Strategies   TPG  TPG (-0.0)


CAPR Forecast + Options Trading Strategies   CAPR  Capricor Therapeutics (0.0)


HACK Forecast + Options Trading Strategies   HACK  ETFMG Prime Cyber Security (0.0)


CHTR Forecast + Options Trading Strategies   CHTR  Charter Communications (0.0)



Anticorrelated Assets

Assets that tend to move strongly against MNRO



HUMA Forecast + Options Trading Strategies   HUMA  Humacyte (-0.68)


GOOGL Forecast + Options Trading Strategies   GOOGL  Alphabet (-0.7)


GOOG Forecast + Options Trading Strategies   GOOG  Alphabet (-0.7)


TNDM Forecast + Options Trading Strategies   TNDM  Tandem Diabetes Care (-0.75)


BLBD Forecast + Options Trading Strategies   BLBD  Blue Bird (-0.78)


MNRO 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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