PPG Forecast


Bullish Case: PPG Industries demonstrates potential for growth with ongoing innovation and robust market demand, particularly in coatings. Recent volatility indicates upcoming catalysts that could drive prices higher, particularly if earnings reports exceed expectations.


Bearish Case: Concerns arise from elevated competition and potential economic downturns impacting demand. Historical data suggests a probability of decline in stock price alongside increasing market volatility, hinting at a bearish sentiment.


Potential Outcomes:

1. Strong earnings report leading to a 20% price increase (40% chance).

2. Market correction or downturn causing a 15% drop (25% chance).

3. Stable performance maintaining current price levels (35% chance).


Trading Oracle: Consider a bullish debit spread on PPG with strikes around $125-$130, expiring in mid-August to capture potential volatility spikes post-earnings. Aim for a risk/reward ratio of 1:3, capitalizing on the upward momentum implied by recent short-term volatility patterns.


July 25, 2024


PPG Industries Forecast

PPG      PPG Industries











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Uncorrelated Assets

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COHR Forecast + Options Trading Strategies   COHR  Coherent (-0.0)


ISRG Forecast + Options Trading Strategies   ISRG  Intuitive Surgical (-0.0)


HCA Forecast + Options Trading Strategies   HCA  HCA Healthcare (-0.0)


AXON Forecast + Options Trading Strategies   AXON  Axon Enterprise (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against PPG



AR Forecast + Options Trading Strategies   AR  Antero Resources (-0.64)


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CNX Forecast + Options Trading Strategies   CNX  CNX Resources (-0.66)


ARLP Forecast + Options Trading Strategies   ARLP  Alliance Resource (-0.72)


SPXU Forecast + Options Trading Strategies   SPXU  ProShares UltraPro Short S&P 500 (-0.74)





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