SKYT Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: SkyWater Technology's pivotal partnerships in the semiconductor sector, coupled with rising defense contracts and favorable sentiment, could drive a surge in demand and stock prices, especially as recent trading indicates bullish tendencies.




Bearish Case: Persistent operational losses and high implied volatility raise concerns among investors, leading to potential sell-offs. Market skepticism could lead to price corrections despite short-term gains from contracts and partnerships.




Potential Outcomes:

1. Increased sales appreciation from government contracts (+40% chance).
2. Sustained operational losses spark investor skepticism (-30% chance).
3. Significant market corrections due to macroeconomic factors (-30% chance).




Trading Oracle: Engage in a bullish strategy of buying $14.00 calls and selling $15.00 calls to capitalize on expected gains, leveraging the current high implied volatility (+250%). Given the market trends, this strategy has a good risk-reward ratio with a significant profit potential.



December 20, 2024


SkyWater Technology Forecast

SKYT        SkyWater Technology











Correlated Assets

Assets that tend to move strongly with SKYT



BHVN Forecast + Options Trading Strategies   BHVN  Biohaven Pharmaceutical (0.62)


BBAI Forecast + Options Trading Strategies   BBAI  BigBear.ai (0.6)


ABEO Forecast + Options Trading Strategies   ABEO  Abeona Therapeutics (0.56)


ACN Forecast + Options Trading Strategies   ACN  Accenture (0.55)


IOVA Forecast + Options Trading Strategies   IOVA  Iovance Biotherapeutics (0.55)



Uncorrelated Assets

Assets with little price relationship to SKYT



CHPT Forecast + Options Trading Strategies   CHPT  ChargePoint (-0.0)


TAN Forecast + Options Trading Strategies   TAN  Invesco Solar (-0.0)


ANET Forecast + Options Trading Strategies   ANET  Arista Networks (0.0)


YANG Forecast + Options Trading Strategies   YANG  Direxion Daily FTSE China Bear 3X Shares (0.01)


MAXN Forecast + Options Trading Strategies   MAXN  Maxeon Solar (0.01)



Anticorrelated Assets

Assets that tend to move strongly against SKYT



STNG Forecast + Options Trading Strategies   STNG  Scorpio Tankers (-0.46)


MCK Forecast + Options Trading Strategies   MCK  Mckesson (-0.47)


GTE Forecast + Options Trading Strategies   GTE  Gran Tierra Energy (-0.48)


HCC Forecast + Options Trading Strategies   HCC  Warrior Met Coal (-0.53)


VNDA Forecast + Options Trading Strategies   VNDA  Vanda Pharmaceuticals (-0.6)









Become a more profitable investor with AI optimized trading strategies






×

Chat with SKYT


 Ask any question about SKYT!