WPM Forecast + Trading Strategies


Bullish Case: WPM benefits from positive gold price trends and robust demand for metals. Strong streaming model, consistent dividends, and stable financial health underscore bullish outlook.


Bearish Case: Market uncertainties and potential volatility in metals prices may adversely impact WPM. High volatility and discrepancies between Helium and market forecasts indicate caution.


Potential Outcomes: Gold price increase (50%): boosts WPM. Earnings beat (30%): drives up stock. Metals price drop (15%): pulls WPM down. Market volatility (5%): impacts price significantly.


Trading Oracle: Execute a bullish debit spread: buy $63.0 calls, sell $64.0 calls expiring in ~9 days. Leverage anticipated upside with positive edge. High reward:risk and 18% annual return. Monitor volatility closely for adjustments.


July 18, 2024


Wheaton Precious Metals Forecast

WPM      Wheaton Precious Metals











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KGC Forecast + Options Trading Strategies   KGC  Kinross Gold (0.96)


RGLD Forecast + Options Trading Strategies   RGLD  Royal Gold (0.95)


EGO Forecast + Options Trading Strategies   EGO  Eldorado Gold (0.93)


SIL Forecast + Options Trading Strategies   SIL  Global X Funds - Global X Silver Miners (0.93)


NGD Forecast + Options Trading Strategies   NGD  New Gold (0.91)



Uncorrelated Assets

Assets with little price relationship to WPM



RXRX Forecast + Options Trading Strategies   RXRX  Recursion Pharmaceuticals (-0.0)


CWEB Forecast + Options Trading Strategies   CWEB  Direxion Daily CSI China Internet Index Bu (0.0)


FTNT Forecast + Options Trading Strategies   FTNT  Fortinet (0.0)


HAS Forecast + Options Trading Strategies   HAS  Hasbro (-0.01)


CTRA Forecast + Options Trading Strategies   CTRA  Coterra Energy (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against WPM



CSCO Forecast + Options Trading Strategies   CSCO  Cisco Systems (-0.78)


SHLS Forecast + Options Trading Strategies   SHLS  Shoals (-0.79)


YUMC Forecast + Options Trading Strategies   YUMC  Yum China (-0.8)


FLYW Forecast + Options Trading Strategies   FLYW  Flywire (-0.82)


DEO Forecast + Options Trading Strategies   DEO  Diageo (-0.83)





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