ASAN Forecast + Trading Strategies


Bullish Case: Asana demonstrates strong potential with 126% higher bullish risk across tenors, supportive insider buying, and AI advancements driving productivity gains. The term structure shows declining implied volatility, suggesting anticipated stability over the coming months.


Bearish Case: Despite growth potential, Asana's persistent unprofitability, trading significantly below its peak, and declining stock by -38.5% over the past year underscore investor skepticism and potential further declines. The Helium Uncertainty - Market Uncertainty graph reveals higher Helium-implied volatility, hinting at market concerns.


Potential Outcomes: 60% continued revenue growth due to AI and insider buying. 30% stock decline from profitability concerns (-38.5% YoY). 10% chance of high volatility from mixed market signals and Helium insights.


Trading Oracle: Trade bullish short volatility. Engage in bullish credit spreads expiring in ~10 days by selling 1 $14.5 put and buying 2 $13.5 puts. This strategy has 81% profit odds, leveraging the current bullish sentiment and lower implied volatility, ensuring a high probability-of-profit and positive edge.


July 17, 2024










Correlated Assets

Assets that tend to move strongly with ASAN



LI Forecast + Options Trading Strategies   LI  Li Auto (0.84)


VFC Forecast + Options Trading Strategies   VFC  VF (0.81)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.58)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.73)



Uncorrelated Assets

Assets with little price relationship to ASAN



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.58)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.73)


VFC Forecast + Options Trading Strategies   VFC  VF (0.81)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.84)



Anticorrelated Assets

Assets that tend to move strongly against ASAN



LI Forecast + Options Trading Strategies   LI  Li Auto (0.84)


VFC Forecast + Options Trading Strategies   VFC  VF (0.81)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.58)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.73)





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