SMG Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Bullish momentum is supported by increasing trading volume and favorable short-term options volatility. Potential growth from retail strategies and rising cannabis interest can drive price upwards as implied volatility remains stable.




Bearish Case: Concerns persist due to insider selling and historical underperformance impacting investor confidence. Increasing competition and market skepticism may trigger volatility spikes, leading to price declines.




Potential Outcomes:

1. 50% probability for moderate recovery, leveraging retail strategies.

2. 30% chance of stagnation, influenced by mixed market sentiment.

3. 20% likelihood of decline on increasing skepticism and insider activities.




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October 27, 2024


Scotts Miracle-Gro Forecast

SMG        Scotts Miracle-Gro











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UNM Forecast + Options Trading Strategies   UNM  Unum (0.89)


OUT Forecast + Options Trading Strategies   OUT  Outfront Media (0.89)



Uncorrelated Assets

Assets with little price relationship to SMG



INSW Forecast + Options Trading Strategies   INSW  International Seaways (-0.0)


SRRK Forecast + Options Trading Strategies   SRRK  Scholar Rock (-0.0)


LEU Forecast + Options Trading Strategies   LEU  Centrus Energy (0.0)


BJRI Forecast + Options Trading Strategies   BJRI  BJ's Restaurant (0.0)


MP Forecast + Options Trading Strategies   MP  MP Materials (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against SMG



GFS Forecast + Options Trading Strategies   GFS  GlobalFoundries (-0.77)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.78)


BA Forecast + Options Trading Strategies   BA  Boeing (-0.79)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.8)


BIIB Forecast + Options Trading Strategies   BIIB  Biogen (-0.81)









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