AFRM Forecast + Trading Strategies


Bullish Case: Recent partnerships with major players like Apple, strong Q3 earnings, and the potential for continued market expansion position AFRM for growth. Volume of call options exceeds put options, indicating bullish sentiment [Yahoo], [Yahoo].


Bearish Case: Data breach incidents [pcmag.com] and regulatory uncertainties [Helium] pose risks. Elevated implied volatility suggests potential downside volatility [Helium], [Helium]. Historical price action shows negative returns likelihood [Helium], [lpm.org].


Potential Outcomes:

1. Additional partnerships and market expansions driving price upward (50%).

2. Regulatory challenges or data breaches lead to significant downturn (30%).

3. Continued volatility with mean-reverting trend (20%).


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July 04, 2024










Correlated Assets

Assets that tend to move strongly with AFRM



S Forecast + Options Trading Strategies   S  Sprint (0.94)


GIII Forecast + Options Trading Strategies   GIII  G-III Apparel (0.92)


RCKT Forecast + Options Trading Strategies   RCKT  Rocket Pharmaceuticals (0.92)


X Forecast + Options Trading Strategies   X  United States Steel (0.91)


BOH Forecast + Options Trading Strategies   BOH  Bank of Hawaii (0.91)



Uncorrelated Assets

Assets with little price relationship to AFRM



QGEN Forecast + Options Trading Strategies   QGEN  Qiagen (0.0)


BBY Forecast + Options Trading Strategies   BBY  Best Buy (-0.0)


AU Forecast + Options Trading Strategies   AU  AngloGold Ashanti Ltd (-0.0)


LAD Forecast + Options Trading Strategies   LAD  Lithia Motors (0.0)


TROW Forecast + Options Trading Strategies   TROW  T. Rowe Price (0.0)



Anticorrelated Assets

Assets that tend to move strongly against AFRM



POET Forecast + Options Trading Strategies   POET  POET (-0.84)


CRK Forecast + Options Trading Strategies   CRK  Comstock Resources (-0.84)


ASHR Forecast + Options Trading Strategies   ASHR  Xtrackers Harvest CSI 300 China A-Shares (-0.86)


FNV Forecast + Options Trading Strategies   FNV  Franco-Nevada (-0.87)


TMV Forecast + Options Trading Strategies   TMV  Direxion Daily 20+ Year Treasury Bear 3X Shares (-0.88)





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