SNAP Forecast + Trading Strategies


Bullish Case: Snapchat's robust growth in AR and AI features, combined with favorable historical price returns and high user engagement, positions it well for long-term revenue growth.


Bearish Case: Legal challenges, competitive pressures, and recent controversies could erode user trust and negatively impact profitability and stock performance.


Potential Outcomes:

1. AR and AI success boosts revenues (40%).

2. Legal issues harm reputation (30%).

3. User backlash from recent incidents (20%).

4. Competitive pressures slow growth (10%).


Trading Oracle: Initiate a bullish short volatility trade. Focus on near-term options with lower implied volatility relative to the market, such as selling the 07/26/2024 $17.0 puts while buying further OTM puts setup with high probability of profit given current market views and volatility reversion. Time horizon: 2-3 weeks.


July 11, 2024


Snapchat Forecast

SNAP      Snapchat











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TGTX Forecast + Options Trading Strategies   TGTX  TG Therapeutics (0.8)


PBI Forecast + Options Trading Strategies   PBI  Pitney Bowes (0.8)



Uncorrelated Assets

Assets with little price relationship to SNAP



DAVA Forecast + Options Trading Strategies   DAVA  Endava plc (-0.0)


SPXU Forecast + Options Trading Strategies   SPXU  ProShares UltraPro Short S&P 500 (0.0)


BA Forecast + Options Trading Strategies   BA  Boeing (0.0)


WY Forecast + Options Trading Strategies   WY  Weyerhaeuser (-0.0)


LUV Forecast + Options Trading Strategies   LUV  Southwest Airlines (0.01)



Anticorrelated Assets

Assets that tend to move strongly against SNAP



NBR Forecast + Options Trading Strategies   NBR  Nabors Industries (-0.73)


YUMC Forecast + Options Trading Strategies   YUMC  Yum China (-0.74)


FLYW Forecast + Options Trading Strategies   FLYW  Flywire (-0.75)


CELH Forecast + Options Trading Strategies   CELH  Celsius (-0.76)


PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (-0.82)





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