OC Forecast + Trading Strategies


Bullish Case: OC's strategic acquisitions, positive pricing, and product innovation bolster long-term growth. Historical data suggests high likelihood of moderate to substantial returns over 2-year holding periods.


Bearish Case: Insider trading, leadership changes, and a flat volatility surface suggest risks. Market's mild pessimism and high valuation could lead to performance reversion or stagnation.


Potential Outcomes:

1. Growth and acquisitions boost stock (+50%).

2. Insider selling and leadership instability cause a drop (-30%).

3. Stable market conditions result in minimal change (20%).


Trading Oracle: Sell $150/$145 put spreads expiring in August. Helium's high probability of profit (73%) and low volatility edges favor bullish short volatility. Targeting stability and moderate gains aligns with historical returns.


July 10, 2024


Owens Corning Forecast

OC      Owens Corning











Correlated Assets

Assets that tend to move strongly with OC



NVT Forecast + Options Trading Strategies   NVT  nVent Electric (0.97)


BLBD Forecast + Options Trading Strategies   BLBD  Blue Bird (0.96)


VYM Forecast + Options Trading Strategies   VYM  Vanguard High Dividend Yield Indx (0.95)


XYL Forecast + Options Trading Strategies   XYL  Xylem (0.95)


TSCO Forecast + Options Trading Strategies   TSCO  Tractor Supply (0.95)



Uncorrelated Assets

Assets with little price relationship to OC



PATH Forecast + Options Trading Strategies   PATH  UiPath (0.0)


TWLO Forecast + Options Trading Strategies   TWLO  Twilio (0.0)


INSP Forecast + Options Trading Strategies   INSP  Inspire Medical Systems (0.0)


BHP Forecast + Options Trading Strategies   BHP  BHP Group Limited (0.0)


ULTA Forecast + Options Trading Strategies   ULTA  Ulta Beauty (0.01)



Anticorrelated Assets

Assets that tend to move strongly against OC



SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.9)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.9)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.9)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.93)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.93)





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