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Price Forecast:


Bearish   <->   Bullish



Bullish Case: The TEX implied volatility indicates manageable short-term fluctuations, while historical data shows favorable long-term returns, suggesting growth due to consistent demand from infrastructure projects. A strong earnings outlook further supports a potential bullish trend.



Bearish Case: Market uncertainty persists with high implied volatility, while recent trends in options trading show a preference for puts, indicating bearish sentiment. Economic factors and possible regulatory changes could dampen stock performance, leading to a potential downtrend.



Potential Outcomes:

1. Continued growth due to infrastructure demand (60%).

2. Short-term volatility leading to price stagnation (30%).

3. Economic downturn causing a major price dip (10%).



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November 05, 2024











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AAP Forecast + Options Trading Strategies   AAP  Advance Auto Parts (0.75)


HP Forecast + Options Trading Strategies   HP  Helmerich & Payne (0.73)


BBWI Forecast + Options Trading Strategies   BBWI  Bath & Body Works (0.69)


RGR Forecast + Options Trading Strategies   RGR  Sturm, Ruger & Co. (0.67)


ALGN Forecast + Options Trading Strategies   ALGN  Align Technology (0.67)



Uncorrelated Assets

Assets with little price relationship to TEX


AA Forecast + Options Trading Strategies   AA  Alcoa (-0.0)


MSFT Forecast + Options Trading Strategies   MSFT  Microsoft (-0.0)


TNDM Forecast + Options Trading Strategies   TNDM  Tandem Diabetes Care (-0.01)


CZR Forecast + Options Trading Strategies   CZR  Caesars Entertainment (-0.01)


SNBR Forecast + Options Trading Strategies   SNBR  Sleep Number (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against TEX


TSAT Forecast + Options Trading Strategies   TSAT  Telesat Corp (-0.51)


BTI Forecast + Options Trading Strategies   BTI  British American Tobacco (-0.52)


EVGO Forecast + Options Trading Strategies   EVGO  EVgo (-0.54)


APD Forecast + Options Trading Strategies   APD  Air Products & Chemicals (-0.58)


CLMT Forecast + Options Trading Strategies   CLMT  Calumet Specialty Products (-0.6)







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