PLMR Forecast


Bullish Case: Strong financial performance, positive analyst coverage, and significant EPS growth support an upward price trajectory.


Bearish Case: System disruptions, cybersecurity threats, and high implied volatility introduce downside risks.


Potential Outcomes: Share price increases in alignment with analyst targets: 50%. Stagnation due to operational issues: 35%. Decline from cybersecurity risks: 15%.


Trading Oracle: Initiate a bear put spread by buying the PLMR 90 put and selling the PLMR 80 put expiring in October 2024. This strategy capitalizes on high implied volatility and downside risks from cybersecurity issues, offering high reward:risk and positive edge.


July 07, 2024


Palomar Forecast

PLMR      Palomar











Correlated Assets

Assets that tend to move strongly with PLMR



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.87)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.44)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.68)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.73)



Uncorrelated Assets

Assets with little price relationship to PLMR



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.44)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.68)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.73)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.87)



Anticorrelated Assets

Assets that tend to move strongly against PLMR



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.87)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.44)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.68)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.73)





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