SA Forecast + Trading Strategies




Price Forecast:




80% Confidence

Bearish<->Bullish




Bullish Case: The strong volume in call options, notably $17 calls with high implied volatility, suggests heightened bullish sentiment. Approval of essential permits likely boosts confidence, pushing SA's price beyond $15.




Bearish Case: High implied volatility indicates market uncertainty. Delays or rejections of key permits could lead to a significant short-term drop below $12, affecting investor sentiment negatively.




Potential Outcomes:
  • Permit approval (60%): Boost prices significantly.
  • Regulatory delays (30%): Cause rapid declines.
  • Geopolitical tensions escalate (10%): Add volatility with uncertain impacts.




Trading Oracle: Consider a bullish debit spread: Buy the $14 call and sell the $15 call. This capitalizes on anticipated upside from potential permit approvals with a favorable 80% profit probability. Maintain a keen eye on volatility shifts, adjusting positions as necessary for best result.



December 17, 2024


Seabridge Gold Forecast

SA        Seabridge Gold











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