SON Forecast


Bullish Case: Recent institutional buys signal confidence in SON's recovery, bolstered by expected growth in eco-friendly packaging, suggesting a potential upswing in share price over the next year.




Bearish Case: Persistently high implied volatility combined with ongoing profit declines indicates that SON could face continued selling pressure, risking further price drops in the near term.




Potential Outcomes:

1. (40%) Continued institutional investment may reinforce SON price recovery.


2. (30%) Sustained market volatility leads to further profit declines.


3. (20%) Positive earnings from synergies with Eviosys yield unexpected gains.


4. (10%) Deteriorating economic conditions hamper recovery efforts.




Trading Oracle: Employ a credit spread strategy (Helium Short Volatility) by selling SON 55.00 C and buying SON 60.00 C to capitalize on high implied volatility (22.9%) and a high probability of profit (82%). This setup optimizes risk/reward with a favorable risk:reward ratio, targeting stability in SO investment through premium decay while monitoring market sentiment indicators.



November 26, 2024


Sonoco Products Forecast

SON        Sonoco Products











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Anticorrelated Assets

Assets that tend to move strongly against SON



FLR Forecast + Options Trading Strategies   FLR  Fluor (-0.66)


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EVGO Forecast + Options Trading Strategies   EVGO  EVgo (-0.69)


BKR Forecast + Options Trading Strategies   BKR  Baker Hughes (-0.73)









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