RTX Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: RTX could benefit from geopolitical tensions increasing defense spending. Bullish sentiment shown by higher call option volume supports potential growth.




Bearish Case: Legal challenges and geopolitical instability pose risks. The backwardation in implied volatility suggests short-term uncertainty.




Potential Outcomes:

1. Continued defense contract growth (60%).

2. Legal/political disruption (20%).

3. Technological advancements beat forecasts (20%).




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January 15, 2025


Raytheon Forecast

RTX        Raytheon











Correlated Assets

Assets that tend to move strongly with RTX



PPA Forecast + Options Trading Strategies   PPA  Invesco Capital Management LLC - Invesco Aerospace & Defense (0.94)


ZETA Forecast + Options Trading Strategies   ZETA  Zeta Global Holdings Corp (0.94)


GLD Forecast + Options Trading Strategies   GLD  SPDR Gold Shares (0.93)


TT Forecast + Options Trading Strategies   TT  Trane (0.92)


FE Forecast + Options Trading Strategies   FE  Firstenergy (0.92)



Uncorrelated Assets

Assets with little price relationship to RTX



MAX Forecast + Options Trading Strategies   MAX  MediaAlpha (0.0)


FXY Forecast + Options Trading Strategies   FXY  Invesco CurrencyShares Japanese Yen (-0.01)


WPC Forecast + Options Trading Strategies   WPC  W. P. Carey (0.01)


PEP Forecast + Options Trading Strategies   PEP  Pepsico (0.02)


GTLS Forecast + Options Trading Strategies   GTLS  Chart Industries (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against RTX



SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.87)


CRSR Forecast + Options Trading Strategies   CRSR  Corsair Gaming (-0.88)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.9)


AMR Forecast + Options Trading Strategies   AMR  Alta Mesa Resources (-0.9)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.92)









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