RH Forecast + Trading Strategies


Bullish Case: The elevated implied volatility of RH options suggests traders expect significant movement, providing opportunities for bullish trades. Furthermore, a successful share buyback program could enhance valuations, driving prices higher in coming months.




Bearish Case: Recent trading volume shows more put options being traded, reflecting bearish sentiment in the market. With elevated implied volatility and uncertain market conditions, further downside risk remains substantial for RH.




Potential Outcomes:

1. Successful earnings report leads to a +15% price rise (40%).

2. Share buyback enhances valuation, resulting in a +10% spike (30%).

3. Continued bearish sentiment pushes prices down by -10% (20%).

4. Market stabilizes, flat trading expected (+5%) (10%).




Trading Oracle: Sign Up to access trading oracle trade ideas.



November 17, 2024


RH - Forecast

RH        RH -











Correlated Assets

Assets that tend to move strongly with RH



BNS Forecast + Options Trading Strategies   BNS  Bank Of Nova Scotia (0.66)


URTY Forecast + Options Trading Strategies   URTY  ProShares UltraPro Russell2000 (0.66)


BNTX Forecast + Options Trading Strategies   BNTX  BioNTech SE (0.63)


DOCN Forecast + Options Trading Strategies   DOCN  DigitalOcean (0.63)


IVZ Forecast + Options Trading Strategies   IVZ  Invesco Ltd (0.63)



Uncorrelated Assets

Assets with little price relationship to RH



DRIP Forecast + Options Trading Strategies   DRIP  Direxion Daily S&P Oil & Gas Exp. & Prod. (0.0)


CE Forecast + Options Trading Strategies   CE  Series (-0.0)


HELE Forecast + Options Trading Strategies   HELE  Helen of Troy (-0.0)


DAC Forecast + Options Trading Strategies   DAC  Danaos (0.0)


PLAB Forecast + Options Trading Strategies   PLAB  Photronics (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against RH



SIMO Forecast + Options Trading Strategies   SIMO  Silicon Motion Technology (-0.4)


DECK Forecast + Options Trading Strategies   DECK  Deckers Outdoor (-0.45)


ELF Forecast + Options Trading Strategies   ELF  e.l.f. Beauty (-0.45)


TTEK Forecast + Options Trading Strategies   TTEK  Tetra Tech (-0.49)


CTAS Forecast + Options Trading Strategies   CTAS  Cintas (-0.57)


RH News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.










Become a more profitable investor with AI optimized trading strategies






×

Chat with RH


 Ask any question about RH!