WRBY Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Given Warby Parker's strengthening brand visibility and strategic marketing, a potential rise in sales could lead to stock appreciation. Elevated implied volatility signals increased market interest, possibly driving WRBY above $20 in the short term.




Bearish Case: Continued market skepticism and disappointing earnings results could further depress stock prices, particularly with high implied volatility suggesting increased risk. This may push WRBY down towards $15.




Potential Outcomes:

1. Sales increase from marketing initiatives (40% chance).

2. Disappointing earnings lead to stock drop (60% chance).

3. Strategic partnerships boost consumer engagement (25% chance).

4. Market volatility spikes causing significant drops (75% chance).




Trading Oracle: Consider initiating a bearish credit put spread by selling $20.00 strike puts and buying $17.50 puts with an expiration date of November 15, 2024. Current high implied volatility offers attractive premium capture, with potential return up to 33%. Monitor market responses to earnings results closely.



November 08, 2024


Warby Parker Forecast

WRBY        Warby Parker











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