SYY Forecast + Trading Strategies


Bullish Case: SYY's strategic investments, strong earnings, and impressive dividend payout should bolster its performance, evidenced by increasing institutional confidence and favorable long-term forecasts. Historical mean reversion lends bullish credence.


Bearish Case: Competitive pressures, recent underperformance, flat implied volatility term structure, and market uncertainty; these factors pose risks to SYY's stock movement, potentially leading to further downside despite some institutional support.


Potential Outcomes: 35% likelihood SYY remains neutral due to mean reversion. 30% chance competitive and market pressures push price lower. 20% Sysco outperforms with strong earnings growth. 15% mixed outcomes due to evolving market dynamics.


Trading Oracle: Selling short-term (~30 days) out-of-the-money credit spreads maximizes the low implied volatility environment, betting on mean reversion while minimizing risk. Bullish outlook: target $75 strike call, selling options to capture premium on stable price behavior.


July 17, 2024










Correlated Assets

Assets that tend to move strongly with SYY



PLAY Forecast + Options Trading Strategies   PLAY  Dave & Buster's Entertainment (0.91)


BLDR Forecast + Options Trading Strategies   BLDR  Builders Firstsource (0.91)


PAGS Forecast + Options Trading Strategies   PAGS  PagSeguro Digital (0.9)


CNI Forecast + Options Trading Strategies   CNI  Canadian National Railway (0.89)


ABT Forecast + Options Trading Strategies   ABT  Abbott Laboratories (0.89)



Uncorrelated Assets

Assets with little price relationship to SYY



OLPX Forecast + Options Trading Strategies   OLPX  Olaplex (-0.0)


VSAT Forecast + Options Trading Strategies   VSAT  Viasat (0.0)


ERX Forecast + Options Trading Strategies   ERX  Direxion Daily Energy Bull 2X Shares (-0.0)


TXG Forecast + Options Trading Strategies   TXG  10x Genomics (0.01)


BNO Forecast + Options Trading Strategies   BNO  United States Commodity Funds LLC - United States Brent Crude Oil (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against SYY



TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.75)


EQNR Forecast + Options Trading Strategies   EQNR  Equinor ASA - (-0.79)


HNRG Forecast + Options Trading Strategies   HNRG  Hallador Energy (-0.8)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.81)


DOG Forecast + Options Trading Strategies   DOG  ProShares Short Dow30 (-0.82)





Become a more profitable investor with AI optimized trading strategies






×

Chat with SYY


 Ask any question about SYY!