MSGS Forecast


Bullish Case: MSGS's recent 10.4% rise in ninety days suggests momentum supported by favorable sports events. Institutional investors are increasing their holdings, indicating confidence.


Bearish Case: Long-term negative returns and flat implied volatility term structure indicate broader market skepticism. Low recent earnings performance suggests ongoing challenges.


Potential Outcomes: Positive catalyst (sports events, earnings beat): 30%. Declines over economic concerns: 45%. Trades sideways: 25%. Implied volatility indicates market sees limited upside.


Trading Oracle: Deploy a long volatility strategy via debit spreads; position for potential earnings-driven moves. Buy 08/16/2024 $200 strike calls, sell 08/16/2024 $210 strike calls. Timeframe: 30 days.


July 16, 2024


Madison Square Garden Sports Corp - Forecast

MSGS      Madison Square Garden Sports Corp -











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NXST Forecast + Options Trading Strategies   NXST  Nexstar Media (0.77)


QYLD Forecast + Options Trading Strategies   QYLD  Global X NASDAQ 100 Covered Call (0.77)


OMER Forecast + Options Trading Strategies   OMER  Omeros (0.76)


VRNT Forecast + Options Trading Strategies   VRNT  Verint Systems (0.75)



Uncorrelated Assets

Assets with little price relationship to MSGS



MAN Forecast + Options Trading Strategies   MAN  ManpowerGroup (0.0)


GRWG Forecast + Options Trading Strategies   GRWG  GrowGeneration (-0.0)


CVS Forecast + Options Trading Strategies   CVS  CVS Health (0.01)


KTOS Forecast + Options Trading Strategies   KTOS  Kratos Defense & Security (-0.01)


PAX Forecast + Options Trading Strategies   PAX  Patria Investments Ltd (0.01)



Anticorrelated Assets

Assets that tend to move strongly against MSGS



SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.61)


DLO Forecast + Options Trading Strategies   DLO  DLocal (-0.64)


UUUU Forecast + Options Trading Strategies   UUUU  Energy Fuels (-0.64)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.64)


DOG Forecast + Options Trading Strategies   DOG  ProShares Short Dow30 (-0.64)





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