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SCCO Forecast + Trading Strategies



Price Forecast:




80% Confidence

Bearish   <->   Bullish



Bullish Case: SCCO's solid financial health, evidenced by a strong quick ratio and recent investments, signify potential for price recovery. Institutional buying trends and copper demand supporting electric vehicle production increase upside possibilities.



Bearish Case: Significant dividend sustainability concerns, driven by high payout ratios and recent insider selling, pose risks to SCCO's financial stability. Overall market uncertainty may lead to continued pressure on SCCO's stock price.



Potential Outcomes:
  • 65% chance of sustained dividend cuts due to high payout ratios
  • 25% chance for price stabilization fueled by production increases
  • 10% chance for a rally if copper demand significantly rises



Trading Oracle: Focus on short-term bullish strategies by selling $97.5 puts and buying $95 puts, capitalizing on SCCO's mean-reverting behavior. Alternatively, consider debit spreads on out-of-the-money calls to leverage potential price rebounds while managing risk effectively.


December 14, 2024


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SCCO        Southern Copper

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Uncorrelated Assets

Assets with little price relationship to SCCO


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Anticorrelated Assets

Assets that tend to move strongly against SCCO


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IGT Forecast + Options Trading Strategies   IGT  International Game Technology (-0.69)


ACAD Forecast + Options Trading Strategies   ACAD  Acadia Pharmaceuticals (-0.7)


GL Forecast + Options Trading Strategies   GL  Globe Life (-0.73)


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