SKLZ Forecast + Trading Strategies


Bullish Case: Positive past lawsuit outcomes and potential for significant settlement revenue could drive upward momentum in SKLZ price.


Bearish Case: Continued legal expenses and competitive pressures in gaming might suppress SKLZ's growth, leading to weaker financial performance.


Potential Outcomes: Continuous legal battles and increased competitive pressure
45%
Bearish
Stagnation in stock price with minor fluctuations
20%
Neutral
Positive market reaction to potential acquisition or innovation
15%
Bullish
Market volatility triggers a rally
20%
Bullish


Trading Oracle: Initiate a conservative debit spread: Buy Jan '25 $6 calls, Sell Jan '25 $8 calls. This positions well with moderate bullish Helium outlook, high implied volatility, and 32% chance of significant upside. Regularly review positions quarterly to refine strategies.


June 30, 2024


Skillz Forecast

SKLZ      Skillz











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