AEM Forecast + Trading Strategies


Bullish Case: Increasing institutional investments, a positive earnings outlook, and a modest uptick in gold prices provide a favorable environment for AEM. This is supported by the positive spread between Helium's AI volatility forecast and the market.


Bearish Case: Persistently low trading volumes, recent insider sales, and a historically weak price performance suggest potential downside risks. Additionally, the implied volatility structure indicates that there could be unexpected price swings.


Potential Outcomes:

1) Modest price increase due to institutional interest (40%).

2) Price decline reflecting historical performance and recent insider sales (35%).

3) Stable price due to mixed signals and modest AI forecast (25%).


Trading Oracle: Execute a short-term bullish trade using a credit spread. Sell 1 $70.0 strike put and buy 4 $65.0 strike puts expiring in 11 days. This strategy leverages premium decay and has a high probability of profit (76%) with a positive edge. Monitor for quick adjustments.


July 10, 2024


Agnico Eagle Mines Forecast

AEM      Agnico Eagle Mines











Correlated Assets

Assets that tend to move strongly with AEM



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.83)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.51)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.63)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.69)



Uncorrelated Assets

Assets with little price relationship to AEM



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.51)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.63)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.69)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.83)



Anticorrelated Assets

Assets that tend to move strongly against AEM



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.83)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.51)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.63)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.69)





Become a more profitable investor with AI optimized trading strategies






×

Chat with AEM


 Ask any question about AEM!