AI ACA Forecast


Price Forecast:


Bearish<->Bullish


Bullish Case: Positive market sentiment driven by strong ACA fundamentals, increased analyst upgrades, and robust recent performance in call options highlight potential upside for ACA, suggesting an upward price trend.


Bearish Case: Rising regulatory pressures and legal challenges surrounding the ACA could create investor uncertainty and suppress stock prices. High implied volatility in put options indicates heightened risk of downside movements.


Potential Outcomes:

1. 40% chance of a bullish breakout based on analyst sentiment;

2. 30% likelihood of sideways movement influenced by mixed economic indicators;

3. 30% risk of a significant downturn due to legal challenges impacting investor confidence.


Trading Oracle: Engage in a selective debit spread targeting August 2024 strikes around $90, focusing on high implied volatility for maximum leverage. This strategy exploits market sentiments favorably, aiming for high reward-to-risk ratios while minimizing exposure to volatility decay.


August 16, 2024


Arcosa Forecast

ACA      Arcosa











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Assets that tend to move strongly with ACA



VTWO Forecast + Options Trading Strategies   VTWO  Vanguard Russell 2000 Index (0.94)


UWM Forecast + Options Trading Strategies   UWM  ProShares Ultra Russell2000 (0.94)


URTY Forecast + Options Trading Strategies   URTY  ProShares UltraPro Russell2000 (0.92)


EPP Forecast + Options Trading Strategies   EPP  BTC iShares MSCI Pacific (0.92)


EFA Forecast + Options Trading Strategies   EFA  BTC iShares MSCI EAFE (0.91)



Uncorrelated Assets

Assets with little price relationship to ACA



BEN Forecast + Options Trading Strategies   BEN  Franklin Resources (-0.0)


ULTA Forecast + Options Trading Strategies   ULTA  Ulta Beauty (0.01)


SNY Forecast + Options Trading Strategies   SNY  Sanofi (-0.01)


ARWR Forecast + Options Trading Strategies   ARWR  Arrowhead Pharmaceuticals (0.01)


SGRY Forecast + Options Trading Strategies   SGRY  Surgery (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against ACA



SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.87)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.87)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.87)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.92)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.92)





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