WPM Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: WPM’s growth is driven by increasing demand for precious metals as a hedge against inflation, strong historical performance, and favorable market dynamics with low current implied volatility.




Bearish Case: Potential economic downturns, regulatory challenges, and high market implied volatility versus historical averages pose risks, alongside uncertain global economic trends impacting precious metals.




Potential Outcomes: 60% chance: Rising gold prices boost WPM. 25% chance: Market volatility impacts negatively. 15% chance: Stable performance amid mixed sentiments.




Trading Oracle: Engage a bullish long volatility strategy by buying $70 call and selling $71 call, expiring in 18 days. Leverage the low implied volatility for a potential upside with a high annualized return. Strategy offers a positive edge with a reasonable reward-to-risk ratio.



February 11, 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)


SO Forecast + Options Trading Strategies   SO  Southern (0.91)


PNW Forecast + Options Trading Strategies   PNW  Pinnacle West (0.91)


KGC Forecast + Options Trading Strategies   KGC  Kinross Gold (0.9)


ZETA Forecast + Options Trading Strategies   ZETA  Zeta Global Holdings Corp (0.9)



Uncorrelated Assets

Assets with little price relationship to WPM



GL Forecast + Options Trading Strategies   GL  Globe Life (-0.01)


SRPT Forecast + Options Trading Strategies   SRPT  Sarepta Therapeutics (-0.01)


CRC Forecast + Options Trading Strategies   CRC  California Resources (0.01)


WHR Forecast + Options Trading Strategies   WHR  Whirlpool (-0.01)


VTRS Forecast + Options Trading Strategies   VTRS  Viatris (0.01)



Anticorrelated Assets

Assets that tend to move strongly against WPM



EL Forecast + Options Trading Strategies   EL  Estee Lauder Cos. (-0.79)


AAP Forecast + Options Trading Strategies   AAP  Advance Auto Parts (-0.81)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.81)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.82)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.86)









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