PLCE Forecast + Trading Strategies


Bullish Case: Strong holiday sales ahead, resilient consumer demand, and significant bullish options activity could spur a quick rally. Mean-reverting price action supports a bounce from historic lows.


Bearish Case: Persistent negative returns, high volatility, and operational challenges suggest continued downside risk. Elevated put trading volume further points to bearish sentiment.


Potential Outcomes: 30% earnings beat drives rally, 40% earnings miss deepens losses, 20% operational issues lead to liquidity actions, 10% acquisition speculation spikes stock.


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June 27, 2024


Childrens Place Forecast

PLCE      Childrens Place











Correlated Assets

Assets that tend to move strongly with PLCE



WTI Forecast + Options Trading Strategies   WTI  W & T Offshore (0.9)


LAZR Forecast + Options Trading Strategies   LAZR  Luminar (0.89)


CHPT Forecast + Options Trading Strategies   CHPT  ChargePoint (0.88)


MED Forecast + Options Trading Strategies   MED  Medifast (0.88)


EXTR Forecast + Options Trading Strategies   EXTR  Extreme Networks (0.88)



Uncorrelated Assets

Assets with little price relationship to PLCE



URGN Forecast + Options Trading Strategies   URGN  UroGen Pharma (0.0)


PSA Forecast + Options Trading Strategies   PSA  Public Storage (0.0)


GPC Forecast + Options Trading Strategies   GPC  Genuine Parts (-0.01)


BBAI Forecast + Options Trading Strategies   BBAI  BigBear.ai (-0.01)


PARR Forecast + Options Trading Strategies   PARR  Par Pacific (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against PLCE



MMYT Forecast + Options Trading Strategies   MMYT  MakeMyTrip (-0.88)


FTAI Forecast + Options Trading Strategies   FTAI  Fortress Transportation and Infrastructure Investors (-0.88)


SPOT Forecast + Options Trading Strategies   SPOT  Spotify Technology (-0.88)


BSX Forecast + Options Trading Strategies   BSX  Boston Scientific (-0.89)


PGR Forecast + Options Trading Strategies   PGR  Progressive (-0.89)





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