XRX Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: If XRX capitalizes on upcoming innovations and rebounds, potential catalysts include positive earnings surprises and enhanced institutional investments, possibly leading to a price recovery.




Bearish Case: Continued market skepticism amid high put volume and deteriorating fundamentals could further depress XRX's stock, with risk of major declines in the event of poor financial disclosures.




Potential Outcomes:
  • 35%: Positive earnings could boost stock price significantly.
  • 45%: High put volume indicates further price decline.
  • 20%: Strategic partnerships may lead to innovation and stock stabilization.




Trading Oracle: Adopt a bearish strategy: execute a credit spread by selling $9.00 strike calls and buying $10.00 strike calls, expiring in mid-December. This strategy leverages high implied volatility, targeting optimal theta decay to capitalize on premium erosion while maintaining a strong probability of profit at around 85%.



November 17, 2024










Correlated Assets

Assets that tend to move strongly with XRX



DLTR Forecast + Options Trading Strategies   DLTR  Dollar Tree (0.95)


COTY Forecast + Options Trading Strategies   COTY  Coty (0.92)


CLF Forecast + Options Trading Strategies   CLF  Cleveland-Cliffs (0.92)


LKQ Forecast + Options Trading Strategies   LKQ  LKQ (0.92)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (0.91)



Uncorrelated Assets

Assets with little price relationship to XRX



NOMD Forecast + Options Trading Strategies   NOMD  Nomad Foods (0.0)


DHT Forecast + Options Trading Strategies   DHT  DHT (0.0)


SCHW Forecast + Options Trading Strategies   SCHW  Charles Schwab (-0.01)


TGT Forecast + Options Trading Strategies   TGT  Target (0.01)


CTSH Forecast + Options Trading Strategies   CTSH  Cognizant Technology (0.01)



Anticorrelated Assets

Assets that tend to move strongly against XRX



MO Forecast + Options Trading Strategies   MO  Altria (-0.89)


CRS Forecast + Options Trading Strategies   CRS  Carpenter Technology (-0.9)


SO Forecast + Options Trading Strategies   SO  Southern (-0.9)


PEG Forecast + Options Trading Strategies   PEG  Public Service Enterprise (-0.9)


RCAT Forecast + Options Trading Strategies   RCAT  Red Cat (-0.91)









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