X Forecast + Trading Strategies


Bullish Case: Increased demand for U.S. Steel products and favorable market dynamics, paired with strategic investments in sustainability, position X for significant growth. Strong historical performance suggests a rebound, supported by a positive earnings report.


Bearish Case: Industry volatility, coupled with potential regulatory hurdles surrounding the Nippon Steel merger, threatens X's market stability. High institutional selling indicates skepticism about future growth, which could lead to a price decline.


Potential Outcomes:

1. 40% - Strong earnings boost stock value.

2. 35% - Regulatory resistance impacts merger and stock.

3. 25% - Market turbulence from high volatility affects prices significantly.


Trading Oracle: Leverage a bullish debit spread: buy $41 calls expiring in August 2024 while selling $43 calls to capitalize on the high implied volatility and to hedge against potential downturns. This set-up enables significant upside with controlled risk.


July 25, 2024


United States Steel Forecast

X      United States Steel











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