SSD Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: SSD's sustained growth, driven by consistent demand in the construction sector and lower than expected volatility, suggests a strong upward potential. Recent trading volumes favor calls, indicating bullish sentiment.




Bearish Case: High implied volatility and potential economic downturns, paired with missed earnings forecasts, could lead to significant price corrections for SSD, affecting investor confidence and price stability.




Potential Outcomes:
  • 30% chance of market correction due to economic fears.
  • 50% likelihood SSD continues higher with strong demand from construction.
  • 20% chance volatility spikes from unexpected news.




Trading Oracle: Leverage a bullish debit spread by buying SSD 12/20/2024 $190 calls and selling $200 calls. This strategy capitalizes on high implied volatility and the bullish sentiment from market data, providing a favorable risk/reward profile with potential upside as SSD stabilizes and grows.



November 24, 2024


Simpson Manufacturing Co. Forecast

SSD        Simpson Manufacturing Co.











Correlated Assets

Assets that tend to move strongly with SSD



CWH Forecast + Options Trading Strategies   CWH  Camping World (0.86)


WY Forecast + Options Trading Strategies   WY  Weyerhaeuser (0.84)


BHVN Forecast + Options Trading Strategies   BHVN  Biohaven Pharmaceutical (0.75)


THO Forecast + Options Trading Strategies   THO  Thor Industries (0.75)


ACN Forecast + Options Trading Strategies   ACN  Accenture (0.7)



Uncorrelated Assets

Assets with little price relationship to SSD



COHR Forecast + Options Trading Strategies   COHR  Coherent (-0.0)


EWG Forecast + Options Trading Strategies   EWG  BlackRock Institutional Trust Company N.A. - iShares MSCI Germany (0.01)


TWO Forecast + Options Trading Strategies   TWO  Two Harbors Investment (-0.01)


URBN Forecast + Options Trading Strategies   URBN  Urban Outfitters (0.01)


MPC Forecast + Options Trading Strategies   MPC  Marathon Petroleum (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against SSD



OUST Forecast + Options Trading Strategies   OUST  Ouster (-0.47)


GOOGL Forecast + Options Trading Strategies   GOOGL  Alphabet (-0.5)


GOOG Forecast + Options Trading Strategies   GOOG  Alphabet (-0.5)


UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.5)


QID Forecast + Options Trading Strategies   QID  ProShares UltraShort QQQ (-0.66)


SSD News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.










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