BLOK Forecast



Price Forecast:


Bearish<—>Bullish



80% Confidence




Bullish Case: BLOK's recent volatility metrics indicate an expected uptick in demand for blockchain technologies. Improved adoption of decentralized systems amid regulatory progress suggests significant upside potential.




Bearish Case: Despite bullish sentiment, ongoing market volatility and skepticism about blockchain's real-world utility may hinder BLOK's growth. High implied volatility signals a risk of price corrections.




Potential Outcomes:
  • Regulatory advancements boost adoption (45% chance).
  • Continued market skepticism leads to further declines (-30% chance).
  • Surge in blockchain tech implementation drives investor interest (+20% chance).
  • Negative news impacts market sentiment (-25% chance).




Trading Oracle: Implement a bullish debit spread using BLOK 49C and 50C options expiring in January 2025. The recent high implied volatility suggests a potential price increase. Target a favorable risk/reward ratio leveraging increasing adoption with minimal downside exposure.



December 19, 2024


Amplify Transformational Data Sharing Forecast

BLOK        Amplify Transformational Data Sharing











Correlated Assets

Assets that tend to move strongly with BLOK



AIQ Forecast + Options Trading Strategies   AIQ  Global X Funds - Global X Artificial Intelligence & Technology (0.95)


HOOD Forecast + Options Trading Strategies   HOOD  Robinhood Markets (0.95)


SPXL Forecast + Options Trading Strategies   SPXL  Direxion Daily S&P 500 Bull 3X Shares (0.95)


PTF Forecast + Options Trading Strategies   PTF  Invesco Capital Management LLC - Invesco DWA Technology Momentum (0.94)


SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (0.94)



Uncorrelated Assets

Assets with little price relationship to BLOK



HAE Forecast + Options Trading Strategies   HAE  Haemonetics (-0.01)


ARR Forecast + Options Trading Strategies   ARR  ARMOUR Residential REIT (-0.01)


FMC Forecast + Options Trading Strategies   FMC  FMC (0.02)


SHEL Forecast + Options Trading Strategies   SHEL  Shell Plc - ADR (Representing) (-0.02)


DKNG Forecast + Options Trading Strategies   DKNG  DraftKings (0.03)



Anticorrelated Assets

Assets that tend to move strongly against BLOK



XRAY Forecast + Options Trading Strategies   XRAY  DENTSPLY Sirona (-0.8)


VSAT Forecast + Options Trading Strategies   VSAT  Viasat (-0.81)


EWZ Forecast + Options Trading Strategies   EWZ  iShares MSCI Brazil (-0.81)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.93)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.93)









Become a more profitable investor with AI optimized trading strategies






×

Chat with BLOK


 Ask any question about BLOK!