Z Forecast




Price Forecast:




80% Confidence

Bearish<->Bullish




Bullish Case: Zillow's 1% down payment initiative is expected to boost homebuyer engagement, particularly among first-time buyers. This could drive revenues up, leveraging the current momentum in the housing market.




Bearish Case: Persistent high mortgage rates continue to dampen housing demand, which may worsen Zillow’s revenue potential, particularly if external economic pressures amplify.




Potential Outcomes:
  • 60%: 1% down payment initiative increases sales.
  • 30%: High rates suppress market activity further.
  • 10%: Increased negative equity from price drops.




Trading Oracle: Given Z's current market dynamics, consider a bullish debit spread: buy the 80.00 call and sell the 85.00 call expiring in January. With implied volatility remaining relatively high (37-50%), this strategy targets short to medium-term upside while managing downside risk effectively.



December 14, 2024


Zillow Forecast

Z        Zillow











Correlated Assets

Assets that tend to move strongly with Z



FOUR Forecast + Options Trading Strategies   FOUR  Shift4 Payments (0.91)


GDYN Forecast + Options Trading Strategies   GDYN  Grid Dynamics (0.89)


GILD Forecast + Options Trading Strategies   GILD  Gilead Sciences (0.88)


EXPE Forecast + Options Trading Strategies   EXPE  Expedia (0.87)


RBLX Forecast + Options Trading Strategies   RBLX  Roblox Corporation - (0.86)



Uncorrelated Assets

Assets with little price relationship to Z



WYNN Forecast + Options Trading Strategies   WYNN  Wynn Resorts (0.0)


LULU Forecast + Options Trading Strategies   LULU  Lululemon Athletica inc. (-0.0)


ASAN Forecast + Options Trading Strategies   ASAN  Asana (0.01)


PRCH Forecast + Options Trading Strategies   PRCH  Porch (0.01)


BE Forecast + Options Trading Strategies   BE  Bloom Energy (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against Z



STNG Forecast + Options Trading Strategies   STNG  Scorpio Tankers (-0.76)


VAL Forecast + Options Trading Strategies   VAL  Valaris (-0.78)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (-0.79)


SIMO Forecast + Options Trading Strategies   SIMO  Silicon Motion Technology (-0.8)


STAA Forecast + Options Trading Strategies   STAA  Staar Surgical (-0.81)









Become a more profitable investor with AI optimized trading strategies






×

Chat with Z


 Ask any question about Z!