OUT Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: A rebound in digital advertising spending, combined with reduced debt levels, positions OUT for a potential price recovery, leading to upside growth and increased demand for ad space as the economy stabilizes.




Bearish Case: Continued macroeconomic pressures and increasing interest rates may further hinder OUT's performance, resulting in persistent flat or declining earnings which could keep the stock price suppressed.




Potential Outcomes:

1. Positive earnings report boosting stock by +10% (20%).

2. Continued stable price within a range of -5% to +5% (60%).

3. Disappointing results leading to a -10% drop (20%).




Trading Oracle: Adopt a conservative bullish approach by executing a debit spread using OUT call options. Buy OUT 11/15/2024 19.00 C and sell OUT 11/15/2024 21.00 C, leveraging high implied volatility and positive outlook. This structure aims to capitalize on potential price recovery while managing risk effectively.



October 27, 2024


Outfront Media Forecast

OUT        Outfront Media











Correlated Assets

Assets that tend to move strongly with OUT



CRH Forecast + Options Trading Strategies   CRH  CRH Plc (0.93)


PH Forecast + Options Trading Strategies   PH  Parker-Hannifin (0.93)


AXON Forecast + Options Trading Strategies   AXON  Axon Enterprise (0.93)


EWC Forecast + Options Trading Strategies   EWC  BlackRock Institutional Trust Company N.A. - iShares MSCI Canada (0.92)


CM Forecast + Options Trading Strategies   CM  Canadian Imperial Bank Of Commerce (0.91)



Uncorrelated Assets

Assets with little price relationship to OUT



MP Forecast + Options Trading Strategies   MP  MP Materials (-0.0)


HIVE Forecast + Options Trading Strategies   HIVE  HIVE Blockchain (-0.0)


UEC Forecast + Options Trading Strategies   UEC  Uranium Energy (-0.01)


SWBI Forecast + Options Trading Strategies   SWBI  Smith & Wesson Brands (-0.01)


ARE Forecast + Options Trading Strategies   ARE  Alexandria Real Estate (0.01)



Anticorrelated Assets

Assets that tend to move strongly against OUT



BA Forecast + Options Trading Strategies   BA  Boeing (-0.78)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.79)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.79)


HLF Forecast + Options Trading Strategies   HLF  Herbalife Nutrition (-0.8)


BIIB Forecast + Options Trading Strategies   BIIB  Biogen (-0.81)









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