PTLO Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: PTLO's current upward momentum and volume favor bullish sentiment, supported by a positive Helium implied volatility forecast. The implied volatility structure indicates increased market confidence for upcoming trading periods, likely leading to price rallies.




Bearish Case: Despite short-term fluctuations, PTLO's recent decline suggests bearish sentiment among investors. High operational costs and volatile performance metrics raise concerns about sustained growth, potentially leading to further price declines.




Potential Outcomes:

1. PTLO rises to $14 (30% probability) due to favorable earnings.

2. Stabilizes around $11 (50%) amidst mixed market sentiment.

3. Declines to $9 (20%) due to increased operational challenges.




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November 12, 2024


Portillos Forecast

PTLO        Portillos











Correlated Assets

Assets that tend to move strongly with PTLO



IYT Forecast + Options Trading Strategies   IYT  BlackRock Institutional Trust Company N.A. - iShares U.S. Transportation (0.87)


U Forecast + Options Trading Strategies   U  Unity Software (0.87)


AKAM Forecast + Options Trading Strategies   AKAM  Akamai (0.86)


LEG Forecast + Options Trading Strategies   LEG  Leggett & Platt (0.85)


VRSN Forecast + Options Trading Strategies   VRSN  Verisign (0.85)



Uncorrelated Assets

Assets with little price relationship to PTLO



VAC Forecast + Options Trading Strategies   VAC  Marriott Vacations Worldwide (-0.0)


TM Forecast + Options Trading Strategies   TM  Toyota Motor (-0.0)


EOSE Forecast + Options Trading Strategies   EOSE  Eos Energy Enterprises (0.0)


VSH Forecast + Options Trading Strategies   VSH  Vishay Intertechnology (0.0)


PAGS Forecast + Options Trading Strategies   PAGS  PagSeguro Digital (0.0)



Anticorrelated Assets

Assets that tend to move strongly against PTLO



GSL Forecast + Options Trading Strategies   GSL  Global Ship Lease (-0.84)


EVER Forecast + Options Trading Strategies   EVER  EverQuote (-0.84)


TME Forecast + Options Trading Strategies   TME  Tencent Music Entertainment Group - (-0.85)


GOOGL Forecast + Options Trading Strategies   GOOGL  Alphabet (-0.85)


GOOG Forecast + Options Trading Strategies   GOOG  Alphabet (-0.85)









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