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Bullish Case: CAL, despite insider sales, shows a moderate price appreciation (+17% in 90 days). With implied volatility relatively stable and upcoming earnings potentially driving positive sentiment, a spike isn't unfounded.


Bearish Case: Insider selling, low year-over-year revenue growth (0.1%), and recent price stagnation suggest underlying weakness. High implied volatility in near-term structures hints at market uncertainty.


Potential Outcomes:

1. Continued insider sales could tank stock (-20% likelihood).

2. Positive earnings unexpectedly boost stock (+10% likelihood).

3. Market re-evaluates CAL leading to a correction or rally (+70% likelihood).


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April 23, 2024


Caleres Forecast

CAL        Caleres
Price Forecast: BULLISH    Price Action: RANDOM (?)











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Anticorrelated Stock Forecasts

Assets that tend to move strongly against CAL



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PFE Forecast + Options Trading Strategies   PFE  Pfizer (-0.89)


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UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.92)


VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.94)





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