SPWR Forecast


Bullish Case: Despite the volatility, SPWR’s involvement in the fast-growing solar market and continued innovations could drive long-term gains.


Bearish Case: Persistent financial issues, mean-reverting price action, and high implied volatility suggest ongoing challenges and potential downside risk.


Potential Outcomes: 50% Further decline amid weak fundamentals, 30% Modest recovery with favorable market trends, 20% Stagnation as uncertainties persist.


Trading Oracle: Execute a bearish credit spread expiring in ~30 days. Sell $3.0 calls and buy $4.5 calls. Elevated volatility and recent price trends favor a short volatility stance. Expect profit from decaying premiums in a mean-reverting price environment.


July 13, 2024


Sunpower Forecast

SPWR      Sunpower











Correlated Assets

Assets that tend to move strongly with SPWR



VFC Forecast + Options Trading Strategies   VFC  VF (0.84)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.73)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.41)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.75)



Uncorrelated Assets

Assets with little price relationship to SPWR



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.41)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.73)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.75)


VFC Forecast + Options Trading Strategies   VFC  VF (0.84)



Anticorrelated Assets

Assets that tend to move strongly against SPWR



VFC Forecast + Options Trading Strategies   VFC  VF (0.84)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.73)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.41)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.75)





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