BEKE Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: BEKE's mean-reverting behavior and recent positive price action, alongside heightened social media optimism, hint at short-term recovery potential.




Bearish Case: High implied volatility and recent price declines amidst market skepticism suggest potential downside, risking further corrections amid regulatory uncertainties.




Potential Outcomes: Price stability (30%), modest growth via mean reversion (40%), or bearish shifts due to regulatory impacts (30%). Historical trends support a balanced perspective.




Trading Oracle: Pursue a bullish debit spread: buy BEKE $19C and sell $21C, expiring in 28 days. Capitalize on mean reversion and current implied volatility drop. Favorable risk-reward with potential 328% return; strong positive edge evident.



December 24, 2024










Correlated Assets

Assets that tend to move strongly with BEKE



CRK Forecast + Options Trading Strategies   CRK  Comstock Resources (0.82)


NRG Forecast + Options Trading Strategies   NRG  NRG Energy (0.78)


BABA Forecast + Options Trading Strategies   BABA  Alibaba (0.78)


TIGR Forecast + Options Trading Strategies   TIGR  UP Fintech (0.78)


BBAR Forecast + Options Trading Strategies   BBAR  BBVA Argentina (0.75)



Uncorrelated Assets

Assets with little price relationship to BEKE



WPC Forecast + Options Trading Strategies   WPC  W. P. Carey (0.0)


ST Forecast + Options Trading Strategies   ST  Sensata (-0.0)


BHVN Forecast + Options Trading Strategies   BHVN  Biohaven Pharmaceutical (0.02)


AMC Forecast + Options Trading Strategies   AMC  AMC Entertainment (0.02)


BATRK Forecast + Options Trading Strategies   BATRK  Liberty Media Corp. (Tracking Stock - Braves) Series C (0.03)



Anticorrelated Assets

Assets that tend to move strongly against BEKE



CNXC Forecast + Options Trading Strategies   CNXC  Concentrix (-0.63)


OPCH Forecast + Options Trading Strategies   OPCH  Option Care Health Inc. - Registered Shares (-0.63)


VSAT Forecast + Options Trading Strategies   VSAT  Viasat (-0.64)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.65)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.67)









Become a more profitable investor with AI optimized trading strategies






×

Chat with BEKE


 Ask any question about BEKE!