SUP Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: SUP's strategic cost-cutting initiatives and potential restructuring may enhance profitability, leading to positive investor sentiment and share price recovery.




Bearish Case: Continued economic uncertainty and operational challenges may hinder SUP’s recovery, risking further declines in share price.




Potential Outcomes:

1. Successful product launch (+40% chance)


2. Cost-cutting impacts earnings positively (+35% chance)


3. Economic recession impacts sales (-50% chance)


4. Supply chain issues worsen (> -30% chance)


5. Market breakthrough in new segments (+20% chance)




Trading Oracle: Engage in bullish debit spreads, particularly SUP 01/17/2025 5.00 C and 7.50 C, given rising volatility and potential for upward price movements. Focus on capturing gains from strategic initiatives while hedging downside risk if economic conditions worsen.



November 21, 2024


Superior Industries International Forecast

SUP        Superior Industries International











Correlated Assets

Assets that tend to move strongly with SUP



SIMO Forecast + Options Trading Strategies   SIMO  Silicon Motion Technology (0.69)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (0.67)


RILY Forecast + Options Trading Strategies   RILY  B. Riley Financial (0.66)


OXM Forecast + Options Trading Strategies   OXM  Oxford Industries (0.64)


LYB Forecast + Options Trading Strategies   LYB  LyondellBasell Industries (0.64)



Uncorrelated Assets

Assets with little price relationship to SUP



EOG Forecast + Options Trading Strategies   EOG  EOG Resources (0.01)


PRCH Forecast + Options Trading Strategies   PRCH  Porch (0.01)


EFA Forecast + Options Trading Strategies   EFA  BTC iShares MSCI EAFE (-0.02)


ARR Forecast + Options Trading Strategies   ARR  ARMOUR Residential REIT (0.02)


PLBY Forecast + Options Trading Strategies   PLBY  PLBY (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against SUP



YOU Forecast + Options Trading Strategies   YOU  Clear Secure (-0.69)


EVGO Forecast + Options Trading Strategies   EVGO  EVgo (-0.71)


LUMN Forecast + Options Trading Strategies   LUMN  Lumen (-0.72)


TRP Forecast + Options Trading Strategies   TRP  TC Energy (-0.75)


GILD Forecast + Options Trading Strategies   GILD  Gilead Sciences (-0.77)


SUP 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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