AIQ Forecast + Trading Strategies


Bullish Case: AIQ's exposure to leading AI companies like NVIDIA positions it well for growth. Recent price surge and favorable historical returns suggest a bullish trend (see AIQ return surface).


Bearish Case: AIQ's market implied volatility indicates potential overpricing risks (see market implied volatility surface). Economic downturns and competition could hinder growth, driving AIQ lower.


Potential Outcomes: Given the AI sector trends: 50% continued growth, 30% minor corrections, and 20% significant downturns due to sector overvaluation and competition.


Trading Oracle: Deploy a bullish debit spread strategy expiring in 238 days. Buy AIQ 35.0 call and sell AIQ 38.0 call. This balanced approach leverages current implied volatility. Expected edge and positive return-risk profile yield high probability of profit.


June 30, 2024


Global X Funds - Global X Artificial Intelligence & Technology Forecast

AIQ      Global X Funds - Global X Artificial Intelligence & Technology











Correlated Assets

Assets that tend to move strongly with AIQ



IVW Forecast + Options Trading Strategies   IVW  BlackRock Institutional Trust Company N.A. - iShares S&P 500 Growth (0.99)


VOO Forecast + Options Trading Strategies   VOO  Vanguard S&P 500 (0.99)


QQQM Forecast + Options Trading Strategies   QQQM  Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 (0.99)


SCHX Forecast + Options Trading Strategies   SCHX  Schwab Strategic Trust - Schwab U.S. Large-Cap (0.99)


XLK Forecast + Options Trading Strategies   XLK  Technology Select Sector SPDR (0.99)



Uncorrelated Assets

Assets with little price relationship to AIQ



EVRG Forecast + Options Trading Strategies   EVRG  Evergy (0.0)


UCO Forecast + Options Trading Strategies   UCO  ProShares Ultra Bloomberg Crude Oil (-0.0)


KWEB Forecast + Options Trading Strategies   KWEB  KraneShares CSI China Internet (-0.0)


NEGG Forecast + Options Trading Strategies   NEGG  Newegg Commerce (-0.0)


MCD Forecast + Options Trading Strategies   MCD  McDonald's (0.0)



Anticorrelated Assets

Assets that tend to move strongly against AIQ



DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.95)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.96)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.99)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.99)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.99)





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