SSTK Forecast + Trading Strategies


Bullish Case: Shutterstock's strategic partnerships in AI and legal indemnification services can drive long-term growth, provide innovative solutions, and enhance customer confidence.


Bearish Case: SSTK's mean-reverting price action, competitive pressure from industry giants, and sector volatility, combined with past underperformance, could continue to weigh on the stock.


Potential Outcomes: 50% AI partnerships boost revenues, 30% persistent competitive pressure and economic uncertainties limit gains, 20% AI disruption weakens business model.


Trading Oracle: Implement a bearish short volatility strategy by selling the $45 call and buying the $55 call, expiring in ~65 days. With a 71% win probability, this offers a solid edge amid SSTK's current price action and high put trading volume. The strategy's positive theta balances the risk.


July 18, 2024


Shutterstock Forecast

SSTK      Shutterstock











Correlated Assets

Assets that tend to move strongly with SSTK



LI Forecast + Options Trading Strategies   LI  Li Auto (0.31)


VFC Forecast + Options Trading Strategies   VFC  VF (0.3)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.01)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.44)



Uncorrelated Assets

Assets with little price relationship to SSTK



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.01)


VFC Forecast + Options Trading Strategies   VFC  VF (0.3)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.31)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.44)



Anticorrelated Assets

Assets that tend to move strongly against SSTK



LI Forecast + Options Trading Strategies   LI  Li Auto (0.31)


VFC Forecast + Options Trading Strategies   VFC  VF (0.3)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.01)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.44)





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