CANE Forecast


Bullish Case: CANE shows a positive return likelihood for holding periods up to 2 years indicating potential for price appreciation.


Bearish Case: High historical implied volatility indicates ongoing market uncertainty and potential for continued price mean reversion.


Potential Outcomes:

1) Short-term volatility increase (45%),

2) Persistent price drag due to mean-reversion (35%),

3) Positive price momentum correction (20%).


Trading Oracle: Enter a bearish credit spread targeting the $11 strike price expiring Jan 2025. Prioritize high implied volatility differentials and consider closing early if volatility drops or price fails to rise. Optimal for capturing premium in a mean-reverting bearish trend.


July 20, 2024


Teucrium Sugar Forecast

CANE      Teucrium Sugar











Correlated Assets

Assets that tend to move strongly with CANE



LI Forecast + Options Trading Strategies   LI  Li Auto (0.67)


PII Forecast + Options Trading Strategies   PII  Polaris (0.55)


VFC Forecast + Options Trading Strategies   VFC  VF (0.54)


EVLV Forecast + Options Trading Strategies   EVLV  Evolv (0.51)


IEP Forecast + Options Trading Strategies   IEP  Icahn (0.47)



Uncorrelated Assets

Assets with little price relationship to CANE



INSP Forecast + Options Trading Strategies   INSP  Inspire Medical Systems (0.03)


GUSH Forecast + Options Trading Strategies   GUSH  Direxion Daily S&P Oil & Gas Exp. & Prod. (-0.04)


AOSL Forecast + Options Trading Strategies   AOSL  Alpha & Omega Semiconductor (-0.19)


LTPZ Forecast + Options Trading Strategies   LTPZ  PIMCO 15+ Year U.S. TIPS Index Exchange-Traded (-0.22)


ESTA Forecast + Options Trading Strategies   ESTA  Establishment Labs (-0.32)



Anticorrelated Assets

Assets that tend to move strongly against CANE



ICE Forecast + Options Trading Strategies   ICE  Intercontinental Exchange (-0.72)


HUT Forecast + Options Trading Strategies   HUT  Hut 8 Mining (-0.77)


RY Forecast + Options Trading Strategies   RY  Royal Bank Of Canada (-0.86)


DFEN Forecast + Options Trading Strategies   DFEN  Direxion Daily Aerospace & Defense Bull 3X Shares (-0.88)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.89)





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