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OTIS Forecast



Price Forecast:




80% Confidence

Bearish   <->   Bullish



Bullish Case: OTIS may see increased demand due to a recovering construction sector, coupled with a strong backlog and improving operational metrics, potentially driving prices higher.



Bearish Case: Rising interest rates and insider selling could pressure OTIS shares, as market participants doubt growth sustainability, leading to downward price movements.



Potential Outcomes:
  • Continued upward momentum driven by backlog (40% probability).
  • Market correction due to macroeconomic headwinds (30% probability).
  • Stagnation from high volatility points, causing sideways movement (30% probability).



Trading Oracle: Engage in a bullish debit spread by buying OTIS $100 calls and selling $105 calls to capitalize on potential upward movement. With 90 days until expiration, this strategy leverages current high implied volatility for enhanced returns. Adjust dynamically based on earnings reactions.


December 18, 2024


Otis Worldwide Forecast

OTIS        Otis Worldwide

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Anticorrelated Assets

Assets that tend to move strongly against OTIS


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