Maximize Returns with AI-Powered SNBR Trading Strategies


SNBR Forecast + Trading Strategies



Price Forecast:


Bearish   <->   Bullish



Bullish Case: Rising implied volatility suggests potential upward movement, driven by positive product reception and upcoming earnings. SNBR's innovative designs could lead to renewed interest, positively impacting sales and stock price.



Bearish Case: Continued negative sentiment and historical underperformance indicate risks. High debt levels coupled with market skepticism might suppress price recovery and lead to further declines.



Potential Outcomes:

1. Positive earnings surprise (25% chance).

2. Market stability, leading to flat performance (30% chance).

3. Continued decline due to negative sentiment (45% chance).



Trading Oracle: Consider trading a bullish debit spread by buying SNBR calls at $17.5 and selling at $20, capturing potential upside with high implied volatility, targeting 162% returns at around 48% probability. Alternatively, a bearish put spread ($15/$12.5) may hedge downside risks, given past price volatility and uncertainty.


October 21, 2024


Sleep Number Forecast

SNBR        Sleep Number

4 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

9 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

20 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

36 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts

49 Day Price Forecast + Historical Performance.  Video Tutorial: Trade Smarter With Helium's AI Forecasts











Correlated Assets

Assets that tend to move strongly with SNBR


BNS Forecast + Options Trading Strategies   BNS  Bank Of Nova Scotia (0.68)


RVLV Forecast + Options Trading Strategies   RVLV  Revolve (0.64)


DOCN Forecast + Options Trading Strategies   DOCN  DigitalOcean (0.62)


RCUS Forecast + Options Trading Strategies   RCUS  Arcus Biosciences (0.59)


RH Forecast + Options Trading Strategies   RH  RH - (0.58)



Uncorrelated Assets

Assets with little price relationship to SNBR


ULTA Forecast + Options Trading Strategies   ULTA  Ulta Beauty (0.0)


BUR Forecast + Options Trading Strategies   BUR  Burford (0.0)


CBRL Forecast + Options Trading Strategies   CBRL  Cracker Barrel Old Country Store (0.0)


TROW Forecast + Options Trading Strategies   TROW  T. Rowe Price (0.0)


GOOS Forecast + Options Trading Strategies   GOOS  Canada Goose Holdings Inc (Subord Vot Shs) (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against SNBR


HLF Forecast + Options Trading Strategies   HLF  Herbalife Nutrition (-0.38)


ESTC Forecast + Options Trading Strategies   ESTC  Elastic (-0.38)


IONS Forecast + Options Trading Strategies   IONS  Ionis Pharmaceuticals (-0.44)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.47)


ACLS Forecast + Options Trading Strategies   ACLS  Axcelis (-0.5)







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