YETI Forecast


Bullish Case: YETI's brand loyalty and seasonal demand may spike, supported by strong summer sales and effective promotional campaigns. The recent rise in call option volume indicates increased trader optimism for upcoming earnings on August 16, 2024.


Bearish Case: Persistent competitive pressure, particularly from rivals like Stanley, could dampen YETI's sales and market share. Increased implied volatility in put options suggests a heightened risk of significant downside moves post-earnings release.


Potential Outcomes:

1. Strong summer sales (+45%): Elevated demand during peak season.

2. Competitive losses (+30%): Pressure from rivals leads to market share decline.

3. Earnings miss (-25%): Disappointing results cut future growth expectations.


Trading Oracle: Implement a bullish approach by using an August 16, 2024, 37.50C/40.00C debit spread to capitalize on market optimism pre-earnings. This strategy benefits from rising volatility and limited downside risk while positioning for potential upside if earnings surprise positively.


July 25, 2024


YETI Forecast

YETI      YETI











Correlated Assets

Assets that tend to move strongly with YETI



VFC Forecast + Options Trading Strategies   VFC  VF (0.74)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.43)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.53)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.56)



Uncorrelated Assets

Assets with little price relationship to YETI



LI Forecast + Options Trading Strategies   LI  Li Auto (0.43)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.53)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.56)


VFC Forecast + Options Trading Strategies   VFC  VF (0.74)



Anticorrelated Assets

Assets that tend to move strongly against YETI



VFC Forecast + Options Trading Strategies   VFC  VF (0.74)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.43)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.53)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.56)





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