PKE Forecast


Bullish Case: PKE’s strong call volume indicates bullish sentiment, while recent market activity shows flat trading. Anticipated infrastructure developments and less market volatility suggest potential upside. Target price is $17.00 within six months.


Bearish Case: Despite bullish sentiment, recent earnings disappointments and historical underperformance raise concerns about PKE's trajectory. If market conditions worsen, PKE could retest $10.00 support, representing significant downside risk.


Potential Outcomes:

1. PKE rallies to $17.00 (40% likelihood).

2. PKE retraces to $10.00 (25% likelihood).

3. Price remains in $12-$14 range (35% likelihood). Market volatility and earnings reports will drive these outcomes.


Trading Oracle: Initiate a bullish debit spread by buying PKE August 16, 2024, 15.00 calls at $1.35 and selling 20.00 calls at $0.75. This limits risk while capitalizing on upward momentum with a potential profit of $2.90 per contract if PKE hits $20.00.


July 25, 2024


Park Aerospace Forecast

PKE      Park Aerospace











Correlated Assets

Assets that tend to move strongly with PKE



LI Forecast + Options Trading Strategies   LI  Li Auto (0.33)


VFC Forecast + Options Trading Strategies   VFC  VF (0.05)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.0)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.27)



Uncorrelated Assets

Assets with little price relationship to PKE



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.0)


VFC Forecast + Options Trading Strategies   VFC  VF (0.05)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.27)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.33)



Anticorrelated Assets

Assets that tend to move strongly against PKE



LI Forecast + Options Trading Strategies   LI  Li Auto (0.33)


VFC Forecast + Options Trading Strategies   VFC  VF (0.05)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.0)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.27)





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