OLLI Forecast


Bullish Case: OLLI's strong earnings growth (+49% EPS) and expanding store network underscore its positive outlook amid a favorable retail environment.


Bearish Case: Despite strong metrics, OLLI's high valuation and recent flat price action could lead to a revaluation downturn, especially under backwardation.


Potential Outcomes: 65% remain range-bound, 20% bullish breakout on positive earnings, 15% bearish correction due to high valuation.


Trading Oracle: Execute credit spreads targeting October 2024 expiries. Sell OTM puts at strike 70, leveraging high IV and implied volatility backwardation for premium collection. This bet balances a cautiously bullish outlook and safeguards against overvaluation.


July 18, 2024


Ollies Bargain Outlet Forecast

OLLI      Ollies Bargain Outlet











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