BOIL Forecast + Trading Strategies


Bullish Case: Amid seasonal factors, and rising likelihood of increased demand for natural gas, BOIL shows potential for significant short-term gains, with implied volatility peaks indicating upcoming price movements.


Bearish Case: Excessive volatility historical declines, and structural issues in BOIL make long positions risky. Markets may have already priced in seasonal adjustments, limiting upside potential.


Potential Outcomes:

1. Swift summer rally with increased natural gas demand (60%).

2. Steady decline if demand falters post-season (20%).

3. Flat performance amid balancing market factors (20%).


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May 14, 2024


ProShares Ultra Bloomberg Natural Gas Forecast

BOIL        ProShares Ultra Bloomberg Natural Gas
Price Forecast: BEARISH    Price Action: MEAN REVERTING (?)











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