SAR Forecast


Bullish Case: SAR's call volume surpasses puts by 86%, indicating bullish sentiment. This combined with modest historical returns hints at potential short-term gains.




Bearish Case: High implied volatility in puts suggests market skepticism. Historical price stagnation warns of downside risk if macro conditions worsen.




Potential Outcomes:
  • Stabilizes around $23 (40%)
  • Rallies above $25 (20%)
  • Drops to $20 (25%)
  • Corrects to $22 (15%)



April 17, 2025


Saratoga Investment Forecast

SAR        Saratoga Investment











Correlated Assets

Assets that tend to move strongly with SAR



BB Forecast + Options Trading Strategies   BB  BlackBerry (0.76)


MP Forecast + Options Trading Strategies   MP  MP Materials (0.71)


MAIN Forecast + Options Trading Strategies   MAIN  Main Street (0.7)


DAN Forecast + Options Trading Strategies   DAN  Dana (0.69)


FRSH Forecast + Options Trading Strategies   FRSH  Freshworks (0.68)



Uncorrelated Assets

Assets with little price relationship to SAR



WNS Forecast + Options Trading Strategies   WNS  WNS Holdings Limited (0.0)


DELL Forecast + Options Trading Strategies   DELL  Dell (0.01)


SHEL Forecast + Options Trading Strategies   SHEL  Shell Plc - ADR (Representing) (0.01)


TT Forecast + Options Trading Strategies   TT  Trane (0.01)


CAT Forecast + Options Trading Strategies   CAT  Caterpillar (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against SAR



LEG Forecast + Options Trading Strategies   LEG  Leggett & Platt (-0.57)


EIX Forecast + Options Trading Strategies   EIX  Edison International (-0.64)


CL Forecast + Options Trading Strategies   CL  Colgate-Palmolive (-0.66)


ZROZ Forecast + Options Trading Strategies   ZROZ  PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded (-0.66)


KOLD Forecast + Options Trading Strategies   KOLD  ProShares UltraShort Bloomberg Natural Gas (-0.71)









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