Price Forecast:

Bullish Case: Positive seasonal trends and ongoing European expansions bolster investor confidence, suggesting significant potential upside for MTN as winter demand peaks and operations streamline after layoffs.

Bearish Case: Persisting legal challenges and poor recent performance amid reduced skier visits suggest increased downside risk for MTN prices, complicating investor sentiment as historical returns indicate frequent negative fluctuations.

Potential Outcomes:

• 40%: Price increases if winter visitation spikes due to favorable snowfall.
• 35%: Price dropping amidst ongoing legal uncertainties.
• 15%: Stabilization around current levels due to seasonal demand.
• 10%: Volatility spikes from unexpected weather shifts.

Trading Oracle: Engage in a bullish debit spread by buying the $175 call and selling the $180 call, capitalizing on upcoming winter season demand and higher short-term volatility. Expect significant gains if seasonal conditions improve, providing optimal risk-reward with an actionable timeline into January 2025.

November 30, 2024