AGQ Forecast + Trading Strategies


Bullish Case: AGQ has bullish momentum from a recent uptick in silver demand and a higher Helium implied volatility compared to market estimates, suggesting potential upside. With upcoming economic indicators hinting at further inflationary pressures, silver could shine as a safe haven.


Bearish Case: Despite recent bullish signals, AGQ faces challenging bearish conditions from a flat market structure and historical price volatility which indicate limited upward movement potential. If the macroeconomic environment shifts adversely, AGQ could face significant downward pressure.


Potential Outcomes:

1. Moderate rally (40%): Silver prices increase due to demand.

2. Sideways movement (30%): Flat market persists due to mixed data.

3. Significant pullback (30%): Market reacts negatively to economic reports.


Trading Oracle: Utilize a bullish debit spread by buying a $37.50 call and selling a $39.00 call, targeting a profit from slight upward movement in AGQ. Timeframe of ~11 days capitalizes on the positive edge from recent volatility observations, ensuring high reward-to-risk potential.


July 24, 2024


ProShares Ultra Silver Forecast

AGQ      ProShares Ultra Silver











Correlated Assets

Assets that tend to move strongly with AGQ



SIVR Forecast + Options Trading Strategies   SIVR  Aberdeen Standard Physical Silver Shares (0.98)


JNUG Forecast + Options Trading Strategies   JNUG  Direxion Daily Junior Gold Miners Index Bu (0.93)


GDXJ Forecast + Options Trading Strategies   GDXJ  VanEck Vectors Junior Gold Miners (0.92)


SILJ Forecast + Options Trading Strategies   SILJ  ETF Managers Group LLC - ETFMG Prime Junior Silver Miners (0.91)


SIL Forecast + Options Trading Strategies   SIL  Global X Funds - Global X Silver Miners (0.89)



Uncorrelated Assets

Assets with little price relationship to AGQ



LTPZ Forecast + Options Trading Strategies   LTPZ  PIMCO 15+ Year U.S. TIPS Index Exchange-Traded (-0.0)


CYTK Forecast + Options Trading Strategies   CYTK  Cytokinetics (0.0)


NE Forecast + Options Trading Strategies   NE  Noble (0.0)


MUB Forecast + Options Trading Strategies   MUB  BlackRock Institutional Trust Company N.A. - iShares National Muni Bond (0.0)


WEAT Forecast + Options Trading Strategies   WEAT  Teucrium Wheat (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against AGQ



IYT Forecast + Options Trading Strategies   IYT  BlackRock Institutional Trust Company N.A. - iShares U.S. Transportation (-0.73)


SIRI Forecast + Options Trading Strategies   SIRI  Sirius XM (-0.73)


SAGE Forecast + Options Trading Strategies   SAGE  Sage Therapeutics (-0.73)


IGV Forecast + Options Trading Strategies   IGV  BlackRock Institutional Trust Company N.A. - iShares Expanded Tech-Software Sector (-0.74)


HDSN Forecast + Options Trading Strategies   HDSN  Hudson Technologies (-0.8)





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