AI RDI Forecast


Bullish Case: RDI's historical performance shows potential for significant returns over longer holding periods, particularly beyond two years, suggesting bullish momentum as the market recognizes intrinsic value.


Bearish Case: Recent insider selling and a consistent decline in year-over-year performance highlight skepticism among insiders, indicating potential continued bearish trends amid weak market sentiment and declining demand.


Potential Outcomes:

1. Price Rebound: 30% chance, fueled by potential recovery strategies.

2. Continued Price Decline: 40% chance, driven by ongoing insider selling and negative sentiment.

3. Stagnation: 30% chance, if market conditions remain flat despite volatility.


Trading Oracle: Consider a bullish stance using a debit spread strategy, such as buying the RDI 01/17/2025 5.00 Call while selling the RDI 09/20/2024 2.50 Call. This approach capitalizes on high implied volatility, offering a favorable risk/reward profile while protecting against slight declines.


August 20, 2024


Reading International Forecast

RDI      Reading International











Correlated Assets

Assets that tend to move strongly with RDI



CPRI Forecast + Options Trading Strategies   CPRI  Capri (0.93)


HTZ Forecast + Options Trading Strategies   HTZ  Hertz Global Holdings (0.91)


SEDG Forecast + Options Trading Strategies   SEDG  Solaredge (0.91)


ADNT Forecast + Options Trading Strategies   ADNT  Adient (0.91)


MED Forecast + Options Trading Strategies   MED  Medifast (0.9)



Uncorrelated Assets

Assets with little price relationship to RDI



SGH Forecast + Options Trading Strategies   SGH  SMART (0.0)


PLAY Forecast + Options Trading Strategies   PLAY  Dave & Buster's Entertainment (-0.01)


BSY Forecast + Options Trading Strategies   BSY  Bentley Systems (-0.01)


AI Forecast + Options Trading Strategies   AI  C3.ai (0.01)


ARVN Forecast + Options Trading Strategies   ARVN  Arvinas (0.01)



Anticorrelated Assets

Assets that tend to move strongly against RDI



GDDY Forecast + Options Trading Strategies   GDDY  Godaddy (-0.88)


WES Forecast + Options Trading Strategies   WES  Western Midstream (-0.88)


AM Forecast + Options Trading Strategies   AM  Antero Midstream (-0.88)


MSI Forecast + Options Trading Strategies   MSI  Motorola (-0.89)


NGD Forecast + Options Trading Strategies   NGD  New Gold (-0.89)





Become a more profitable investor with AI optimized trading strategies






×

Chat with RDI


 Ask any question about RDI!