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PARA Forecast + Trading Strategies



Price Forecast:


Bearish   <->   Bullish



Bullish Case: Increasing streaming success and the anticipated impacts of the Skydance merger present a robust bullish case for PARA, suggesting potential for price recovery as investor sentiment improves.



Bearish Case: Continued volatility and high production costs hinder PARA's recovery, compounded by possible negative earnings reports and labor disruptions that may lead to deeper price depreciation.



Potential Outcomes:

1. Successful streaming ventures lead to a recovery to $14 (30% chance).

2. Merger does not produce expected synergy, leading to $9.50 (40% chance).

3. Stability around $11 (30% chance).



Trading Oracle: Implement a debit spread strategy by purchasing PARA 01/17/2025 12.00 C and selling 13.00 C, with high implied volatility suggesting a bullish position. Aiming for short-term trades given expected price swings before earnings. Anticipate a swift exit to capitalize on potential upside with limited risk exposure.


November 08, 2024


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PARA        Paramount Global

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