BKKT Forecast


Bullish Case: BKKT's integration with institutional trading technology, potential acquisition interest, and improving crypto market sentiment can drive a significant upward move.


Bearish Case: BKKT faces severe liquidity issues, regulatory uncertainty, and insider selling, risking potential insolvency and continued stock decline.


Potential Outcomes:

1. Regulatory clarity (50%): Boosts BKKT.

2. Continued liquidity issues (30%): Threatens BKKT.

3. Merger/Acquisition (20%): Significant price volatility.


Trading Oracle: Focus on short-term debit spreads due to high implied volatility (210.94% for May), mean reversion tendencies, and potential news catalysts. Bullish tilt to capitalize on possible regulatory clarity or acquisition rumors. Prioritize monthly expiries to capture rapid price movements. Aggressively manage risk, exiting positions on strength.


June 27, 2024


Bakkt Forecast

BKKT      Bakkt











Correlated Assets

Assets that tend to move strongly with BKKT



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


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.06)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.06)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.4)



Uncorrelated Assets

Assets with little price relationship to BKKT



VFC Forecast + Options Trading Strategies   VFC  VF (-0.06)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.06)


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


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.4)



Anticorrelated Assets

Assets that tend to move strongly against BKKT



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


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.06)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.06)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.4)





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