CANE Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Sugar demand may spike due to upcoming holiday consumption trends, evidenced by higher recent call option volumes and positive historical returns for similar periods, driving CANE prices higher.




Bearish Case: High levels of implied volatility (especially in bearish options) indicate market skepticism. Recent trends show potential for continued mean reversion below current price levels, suggesting downward price risk.




Potential Outcomes:

1) Increased demand drives prices to $14 (40%)
2) Price correction leading to a drop to $10 (30%)
3) Stability around $12 with mean reversion (30%)




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November 15, 2024


Teucrium Sugar Forecast

CANE        Teucrium Sugar











Correlated Assets

Assets that tend to move strongly with CANE



CZR Forecast + Options Trading Strategies   CZR  Caesars Entertainment (0.77)


GL Forecast + Options Trading Strategies   GL  Globe Life (0.75)


ALGT Forecast + Options Trading Strategies   ALGT  Allegiant Travel (0.7)


U Forecast + Options Trading Strategies   U  Unity Software (0.7)


CWH Forecast + Options Trading Strategies   CWH  Camping World (0.7)



Uncorrelated Assets

Assets with little price relationship to CANE



AAP Forecast + Options Trading Strategies   AAP  Advance Auto Parts (0.0)


VIR Forecast + Options Trading Strategies   VIR  Vir Biotechnology (0.0)


NOC Forecast + Options Trading Strategies   NOC  Northrop Grumman (0.0)


CAPR Forecast + Options Trading Strategies   CAPR  Capricor Therapeutics (0.0)


BYRN Forecast + Options Trading Strategies   BYRN  Byrna (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against CANE



BLBD Forecast + Options Trading Strategies   BLBD  Blue Bird (-0.66)


HUMA Forecast + Options Trading Strategies   HUMA  Humacyte (-0.69)


SHEL Forecast + Options Trading Strategies   SHEL  Shell Plc - ADR (Representing) (-0.71)


TNDM Forecast + Options Trading Strategies   TNDM  Tandem Diabetes Care (-0.73)


OUST Forecast + Options Trading Strategies   OUST  Ouster (-0.75)









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