PETS Forecast


Bullish Case: Insider buys imply confidence; historically undervalued with potential for a rebound. Improved pet ownership regulations globally might drive sales up.


Bearish Case: Financials are struggling with rising operating expenses and declining revenue. Market price action and AI forecasts are bearish.


Potential Outcomes:

1) Profitability turnaround (20%);

2) Continued decline (60%);

3) Acquisition (20%). Based on historical returns and recent market behavior.


Trading Oracle: Implement Helium Short Volatility via bear call spreads due to negative price action and high market volatility. Use PETS 09/20/2024 7.50 C and PETS 09/20/2024 10.00 C options.


June 19, 2024


Petmed Express Forecast

PETS      Petmed Express











Correlated Assets

Assets that tend to move strongly with PETS



MED Forecast + Options Trading Strategies   MED  Medifast (0.97)


HTZ Forecast + Options Trading Strategies   HTZ  Hertz Global Holdings (0.96)


LAZR Forecast + Options Trading Strategies   LAZR  Luminar (0.96)


IGT Forecast + Options Trading Strategies   IGT  International Game Technology (0.96)


AEHR Forecast + Options Trading Strategies   AEHR  Aehr Test Systems (0.95)



Uncorrelated Assets

Assets with little price relationship to PETS



FTNT Forecast + Options Trading Strategies   FTNT  Fortinet (0.0)


BBY Forecast + Options Trading Strategies   BBY  Best Buy (0.0)


BNS Forecast + Options Trading Strategies   BNS  Bank Of Nova Scotia (-0.01)


YANG Forecast + Options Trading Strategies   YANG  Direxion Daily FTSE China Bear 3X Shares (-0.01)


FLO Forecast + Options Trading Strategies   FLO  Flowers Foods (0.01)



Anticorrelated Assets

Assets that tend to move strongly against PETS



CEG Forecast + Options Trading Strategies   CEG  Constellation Energy (-0.95)


GEO Forecast + Options Trading Strategies   GEO  Geo Group (-0.96)


VST Forecast + Options Trading Strategies   VST  Vistra (-0.96)


NRG Forecast + Options Trading Strategies   NRG  NRG Energy (-0.96)


VRT Forecast + Options Trading Strategies   VRT  Vertiv (-0.97)





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