RBLX Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: The market is showing bullish signs as RBLX's implied volatility is projected to increase, alongside rising call option volumes, suggesting positive sentiment ahead of key earnings announcements and developer events.




Bearish Case: Despite some bullish signals, RBLX faces legal scrutiny and high valuation concerns, which could result in a significant downturn, especially if upcoming earnings disappoint.




Potential Outcomes:

1. 50% - Positive earnings drive RBLX to $55;

2. 30% - Legal issues cause decline to $45;

3. 20% - Stabilization around $50 amidst mixed sentiment.




Trading Oracle: Adopt a bullish credit put spread: Sell 1 $49.50 put, buy 2 $47.50 puts expiring in 7 days. Anticipate a high probability of profit (78%) leveraging current implied volatility periods. Monitor price closely for adjustments.



November 19, 2024


Roblox Corporation - Forecast

RBLX        Roblox Corporation -











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