BLOK Forecast


Bullish Case: The BLOK options term structure shows declining volatility signals certainty in the upcoming bullish sentiment. Historical performance indicates a strong likelihood of positive returns over the next year, aligning with improved adoption of blockchain technologies.


Bearish Case: Current backwardation in the BLOK options market suggests potential short-term volatility and downward price pressure. The significant drop in implied volatility could indicate low investor confidence, raising the risk of a bearish market shift.


Potential Outcomes:

1) Regulatory approval boosts adoption (40% chance).

2) Market volatility leads to sharp price declines (-30% chance).

3) Major technological advancements increase user adoption (20% chance).

4) Significant market crash reduces liquidity (-10% chance).


Trading Oracle: Adopt a bullish strategy through a debit spread with BLOK 39.00C and 41.00C for August 2024. This structure capitalizes on the implied volatility spike, ensuring a high reward-to-risk profile. Leverage momentum and market sentiment to position for upside potential.


July 25, 2024


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Correlated Assets

Assets that tend to move strongly with BLOK



BITQ Forecast + Options Trading Strategies   BITQ  Exchange Traded Concepts Trust - Bitwise Crypto Industry Innovators (0.98)


SPLG Forecast + Options Trading Strategies   SPLG  SPDR Series Trust - SPDR Portfolio S&P 500 (0.97)


SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (0.97)


UPRO Forecast + Options Trading Strategies   UPRO  ProShares UltraPro S&P 500 (0.97)


IVV Forecast + Options Trading Strategies   IVV  BTC iShares Core S&P 500 (0.97)



Uncorrelated Assets

Assets with little price relationship to BLOK



KLIC Forecast + Options Trading Strategies   KLIC  Kulicke & Soffa Industries (0.0)


CFLT Forecast + Options Trading Strategies   CFLT  Confluent (-0.0)


ENPH Forecast + Options Trading Strategies   ENPH  Enphase Energy (-0.0)


UNIT Forecast + Options Trading Strategies   UNIT  Uniti (0.0)


UCO Forecast + Options Trading Strategies   UCO  ProShares Ultra Bloomberg Crude Oil (0.0)



Anticorrelated Assets

Assets that tend to move strongly against BLOK



SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.94)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (-0.95)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.95)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.97)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.97)





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