RRGB Forecast + Trading Strategies


Bullish Case: Insider buying and the North Star Five-Point plan might drive near-term gains. Mean-reverting nature supports recovery potential. Market sentiment could turn on positive earnings reports.


Bearish Case: Consistent revenue declines and high volatility indicate continued downward pressure. Analyst projections suggest a significant EPS decline, reflecting underlying operational struggles.


Potential Outcomes:

1) Price decline: 45% (operational challenges).

2) Stabilization: 20% (average recovery).

3) Modest recovery: 20% (insider actions).

4) Earnings surprise: 15%. These predictions incorporate both historical trends and current market conditions.


Trading Oracle: Bullish debit spreads with long volatility: Buy RRGB 09/20/2024 $5.0 C, Sell $10.0 C. Target a 171-day horizon to match predicted earnings impacts. Positive edge, high reward:risk ratio. Prioritize closing early to manage risk.


July 03, 2024


Red Robin Gourmet Burgers Forecast

RRGB      Red Robin Gourmet Burgers











Correlated Assets

Assets that tend to move strongly with RRGB



VFC Forecast + Options Trading Strategies   VFC  VF (0.77)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.53)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.48)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.68)



Uncorrelated Assets

Assets with little price relationship to RRGB



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.48)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.53)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.68)


VFC Forecast + Options Trading Strategies   VFC  VF (0.77)



Anticorrelated Assets

Assets that tend to move strongly against RRGB



VFC Forecast + Options Trading Strategies   VFC  VF (0.77)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.53)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.48)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.68)





Become a more profitable investor with AI optimized trading strategies






×

Chat with RRGB


 Ask any question about RRGB!