WPM Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: WPM benefits from steady gold demand, healthy streaming model, and stronger revenues. Implied volatility suggests upside potential.




Bearish Case: Market uncertainty and potential economic downturns might stress WPM's revenues, with flat term structure indicating stagnation.




Potential Outcomes: 50% chance WPM's revenues improve with stable gold prices. 30% chance market volatility impacts negatively. 20% chance of stable performance.




Trading Oracle: Execute a bearish short volatility strategy: sell $58 call, buy $61 calls. Flat term structure and potential volatility suggest exploiting high profit probability with hedged bearish outlook. Target 75% strategy success.



January 09, 2025


Wheaton Precious Metals Forecast

WPM        Wheaton Precious Metals











Correlated Assets

Assets that tend to move strongly with WPM



RGLD Forecast + Options Trading Strategies   RGLD  Royal Gold (0.98)


KGC Forecast + Options Trading Strategies   KGC  Kinross Gold (0.97)


GLD Forecast + Options Trading Strategies   GLD  SPDR Gold Shares (0.94)


PNW Forecast + Options Trading Strategies   PNW  Pinnacle West (0.92)


CLH Forecast + Options Trading Strategies   CLH  Clean Harbors (0.91)



Uncorrelated Assets

Assets with little price relationship to WPM



APH Forecast + Options Trading Strategies   APH  Amphenol (0.0)


NKLA Forecast + Options Trading Strategies   NKLA  Nikola (-0.0)


FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (0.01)


SRRK Forecast + Options Trading Strategies   SRRK  Scholar Rock (0.02)


S Forecast + Options Trading Strategies   S  Sprint (0.03)



Anticorrelated Assets

Assets that tend to move strongly against WPM



XRX Forecast + Options Trading Strategies   XRX  Xerox (-0.86)


EL Forecast + Options Trading Strategies   EL  Estee Lauder Cos. (-0.86)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.87)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.87)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.88)









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