APLD Forecast + Trading Strategies


Bullish Case: Strategic investments in AI and data centers, coupled with analysts' 12-month price target of $10.50 (+217.22%), support strong growth potential. Increased volume in call options suggests bullish sentiment.


Bearish Case: APLD shows higher implied volatility and mean-reverting price action. Limited trading volume and high implied volatility suggest caution on near-term resilience against market downturns.


Potential Outcomes: Market sentiment shift (35%), earnings beat (25%), technical bounce (40%), continuation of bearish trend (45%). Quantifiable probabilities considered recent momentum and AI/data center investments.


Trading Oracle: Execute a bullish Long Volatility debit spread. Buy 1 $6.5 call and sell 1 $7.0 call expiring in 23 days. Delta 0.49/-0.41, low initial total delta, expected annual 102% return. Maximizes edge with high reward:risk.


June 27, 2024


Applied Blockchain Forecast

APLD      Applied Blockchain











Correlated Assets

Assets that tend to move strongly with APLD



VFC Forecast + Options Trading Strategies   VFC  VF (0.66)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.29)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.37)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.41)



Uncorrelated Assets

Assets with little price relationship to APLD



LI Forecast + Options Trading Strategies   LI  Li Auto (0.29)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.37)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.41)


VFC Forecast + Options Trading Strategies   VFC  VF (0.66)



Anticorrelated Assets

Assets that tend to move strongly against APLD



VFC Forecast + Options Trading Strategies   VFC  VF (0.66)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.29)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.37)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.41)





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