MORN Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: High historical returns and optimistic sentiment potentially drive MORN higher. Elevated implied volatility and positive social sentiment support a bullish outlook.




Bearish Case: Elevated implied volatility indicates potential market uncertainty. Recent flat performance and economic concerns could trigger downside risks.




Potential Outcomes:

1. Continued bullish momentum (50%).

2. Sideways trading with high volatility (30%).

3. Bearish reversal (20%).




Trading Oracle: Execute a bullish call debit spread targeting the $340 strike expiring in June 2025. Elevated implied volatility at these levels allows for high reward:risk, leveraging potential upward momentum while mitigating downside risk.



January 04, 2025


Morningstar Forecast

MORN        Morningstar











Correlated Assets

Assets that tend to move strongly with MORN



CINF Forecast + Options Trading Strategies   CINF  Cincinnati Financial (0.95)


UNM Forecast + Options Trading Strategies   UNM  Unum (0.92)


PH Forecast + Options Trading Strategies   PH  Parker-Hannifin (0.91)


CBRE Forecast + Options Trading Strategies   CBRE  CBRE (0.91)


UWM Forecast + Options Trading Strategies   UWM  ProShares Ultra Russell2000 (0.9)



Uncorrelated Assets

Assets with little price relationship to MORN



ODFL Forecast + Options Trading Strategies   ODFL  Old Dominion Freight Line (-0.0)


FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (-0.01)


GL Forecast + Options Trading Strategies   GL  Globe Life (0.01)


AMC Forecast + Options Trading Strategies   AMC  AMC Entertainment (-0.01)


FXY Forecast + Options Trading Strategies   FXY  Invesco CurrencyShares Japanese Yen (0.02)



Anticorrelated Assets

Assets that tend to move strongly against MORN



IEP Forecast + Options Trading Strategies   IEP  Icahn (-0.78)


LABD Forecast + Options Trading Strategies   LABD  Direxion Daily S&P Biotech Bear 3X Shares (-0.79)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.8)


BIIB Forecast + Options Trading Strategies   BIIB  Biogen (-0.84)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.88)









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