PLG Forecast


Bullish Case: SA firm restructuring may cut surplus, easing supply gluts while robust demand from key clients sustains. Nickel-related developments could add further upside.


Bearish Case: Macroeconomic issues persist, mining costs rise, and restructuring strains may limit PLG. Persistent volatility and restrained investor sentiment could hinder price growth.


Potential Outcomes:

1. Restructuring improves margins (25%).

2. Nickel-Fathom synergy sparks speculative rally (20%).

3. Geopolitical risks exacerbate volatility (20%).

4. Continued meaningful mining losses (35%).


Trading Oracle: A credit spread strategy is optimal. Sell Jan ‘25 $2.50 calls, implied vol 89.8. Bullish forecast, targeting moderate climb. Historical data and flat price action support this. Mid-term (6-18 months) horizon has highest profitability, minimized risk.


July 03, 2024


Platinum Group Metals Forecast

PLG      Platinum Group Metals











Correlated Assets

Assets that tend to move strongly with PLG



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.7)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.63)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.4)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.5)



Uncorrelated Assets

Assets with little price relationship to PLG



VFC Forecast + Options Trading Strategies   VFC  VF (-0.4)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.5)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.63)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.7)



Anticorrelated Assets

Assets that tend to move strongly against PLG



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.7)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.63)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.4)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.5)





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