QRVO Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: QRVO's recent jump and high call option volume, along with activist interest, suggest bullish sentiment. Potential product innovations and 5G tech advancements could enhance upside.




Bearish Case: Persistent demand softness in key markets and high implied volatility indicate caution. Negative past year returns and macroeconomic challenges may weigh on QRVO's performance.




Potential Outcomes: Activism-driven value creation (60%). Continued demand softness (50%). Market recalibration (55%). Potential upside from 5G growth (45%).




Trading Oracle: Bullish short volatility strategy – sell put credit spreads targeting QRVO's $85 strike, buying $80 for protection with a 60-day outlook. High implied volatility favors premium capture, aligning with bullish sentiment and potential activist-driven upside. Strategy balances favorable edge and high probability of profit.



January 22, 2025


Qorvo Forecast

QRVO        Qorvo











Correlated Assets

Assets that tend to move strongly with QRVO



ENTG Forecast + Options Trading Strategies   ENTG  Entegris (0.69)


ASML Forecast + Options Trading Strategies   ASML  New York Shares (0.67)


NTLA Forecast + Options Trading Strategies   NTLA  Intellia Therapeutics (0.63)


MGM Forecast + Options Trading Strategies   MGM  MGM Resorts International (0.63)


WFRD Forecast + Options Trading Strategies   WFRD  Weatherford International plc - New (0.62)



Uncorrelated Assets

Assets with little price relationship to QRVO



FXY Forecast + Options Trading Strategies   FXY  Invesco CurrencyShares Japanese Yen (0.0)


WMG Forecast + Options Trading Strategies   WMG  Warner Music (-0.01)


FCX Forecast + Options Trading Strategies   FCX  Freeport-McMoRan (-0.01)


NET Forecast + Options Trading Strategies   NET  Cloudflare (-0.01)


LICY Forecast + Options Trading Strategies   LICY  Li-Cycle Holdings Corp (0.02)



Anticorrelated Assets

Assets that tend to move strongly against QRVO



ATEN Forecast + Options Trading Strategies   ATEN  A10 Networks (-0.6)


SUPV Forecast + Options Trading Strategies   SUPV  Grupo Supervielle S.A. (-0.61)


ARGT Forecast + Options Trading Strategies   ARGT  Global X Funds - Global X MSCI Argentina (-0.64)


BEKE Forecast + Options Trading Strategies   BEKE  KE (-0.64)


BBAR Forecast + Options Trading Strategies   BBAR  BBVA Argentina (-0.65)









Become a more profitable investor with AI optimized trading strategies






×

Chat with QRVO


 Ask any question about QRVO!