NWS Forecast


Bullish Case: NWS's diversified portfolio and resilience in digital media, along with potential legislative support such as JCPA, could drive growth in digital ad revenues and viewership.


Bearish Case: Increasing competition from alternative media, rising misinformation concerns, and flat recent price action combined with declining trust in traditional media could hamper NWS’s future performance.


Potential Outcomes: Joint venture with South Korea boosts tech news viewership (35%); regulatory changes strengthening bargaining position (27%); NWS faces disruption from misinformation or deepfake attacks (45%).


Trading Oracle: Trade credit spreads on NWS with a 90-day outlook due to flat price action and lower implied volatility (-1%). Sell 30.00 calls and buy 35.00 calls, focusing on premium decay and limited downside risk. High reward:risk with solid probability-of-profit.


June 27, 2024


News Forecast

NWS      News











Correlated Assets

Assets that tend to move strongly with NWS



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.78)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.22)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.61)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.7)



Uncorrelated Assets

Assets with little price relationship to NWS



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.22)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.61)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.7)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.78)



Anticorrelated Assets

Assets that tend to move strongly against NWS



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.78)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.22)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.61)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.7)





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