OI Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: With strong call volume and a favorable implied volatility structure favoring higher prices, O-I Glass may attract buyers seeking exposure to sustainability investments, signaling potential upward movement.




Bearish Case: Heightened volatility signals market uncertainty; if economic concerns persist, O-I Glass could see downward pressure, particularly with negative sentiment lingering from earlier earnings reports.




Potential Outcomes:

1) 40% chance for a bullish rally influenced by ESG investments;

2) 30% chance of stagnation;

3) 30% chance for declines if economic indicators worsen.




Trading Oracle: Trade a bullish strategy with a credit spread by selling $13 puts and buying $11 puts, capitalizing on near-term volatility while maintaining a positive prospect as implied volatility may drop post-earnings, targeting a high probability of profit (70%).



November 13, 2024


O-I Glass Forecast

OI        O-I Glass











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