PARA Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Strong content library and Paramount+ growth potential could drive renewed investor interest, despite current financial concerns.




Bearish Case: High implied volatility and debt levels indicate potential for further declines, with competitive pressures and financial struggles persisting.




Potential Outcomes:
  • Improved streaming and partnerships boost financials (35%).
  • Operational struggles and high debt result in continued decline (50%).
  • Price stagnation amidst balanced influences (15%).




Trading Oracle: Trade short-term debit spreads to capitalize on high implied volatility and potential downward movement. Target options within 25-40 days ahead. Bearish stance considering current financial and operational challenges. Protective stops advised to mitigate risk from sudden positive shifts.



February 05, 2025


Paramount Global Forecast

PARA        Paramount Global











Correlated Assets

Assets that tend to move strongly with PARA



TREX Forecast + Options Trading Strategies   TREX  TREX Co. (0.67)


ALV Forecast + Options Trading Strategies   ALV  Autoliv (0.67)


ABCL Forecast + Options Trading Strategies   ABCL  AbCellera Biologics (0.66)


PRO Forecast + Options Trading Strategies   PRO  Pros (0.66)


DIN Forecast + Options Trading Strategies   DIN  Dine Brands (0.65)



Uncorrelated Assets

Assets with little price relationship to PARA



CZR Forecast + Options Trading Strategies   CZR  Caesars Entertainment (0.01)


S Forecast + Options Trading Strategies   S  Sprint (-0.01)


FXE Forecast + Options Trading Strategies   FXE  Invesco CurrencyShares Euro (-0.02)


VOYA Forecast + Options Trading Strategies   VOYA  Voya Financial (-0.02)


MCK Forecast + Options Trading Strategies   MCK  Mckesson (-0.03)



Anticorrelated Assets

Assets that tend to move strongly against PARA



SO Forecast + Options Trading Strategies   SO  Southern (-0.57)


AFL Forecast + Options Trading Strategies   AFL  Aflac (-0.57)


PSN Forecast + Options Trading Strategies   PSN  Parsons (-0.58)


ICE Forecast + Options Trading Strategies   ICE  Intercontinental Exchange (-0.59)


BBY Forecast + Options Trading Strategies   BBY  Best Buy (-0.6)









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