CIFR Forecast + Trading Strategies


Bullish Case: CIFR shows high implied volatility, especially in short-term options, indicating strong market interest. Recent trading volume favors calls, suggesting bullish sentiment. Positive industry developments could further boost price.


Bearish Case: High implied volatilities reveal potential overvaluation risks. Historical trends indicate a chance of price correction, and recent trading flatness suggests market indecision could lead to bearish pressures in the near term.


Potential Outcomes:

1) Bullish price surge (30%): Driven by strong market sentiment and positive industry news.

2) Stagnation (40%): Resulting from market indecision.

3) Bearish downturn (30%): Due to overvaluation concerns and profit-taking.


Trading Oracle: Use a bullish credit spread strategy: sell 3 $6.00 puts, buy 5 $5.00 puts, capturing high implied volatility with an 80% profit probability. Focus on short time frames (~11 days), maximizing potential returns with favorable market odds.


July 24, 2024


Cipher Mining Forecast

CIFR      Cipher Mining











Correlated Assets

Assets that tend to move strongly with CIFR



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.68)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.47)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.48)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.54)



Uncorrelated Assets

Assets with little price relationship to CIFR



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.47)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.48)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.54)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.68)



Anticorrelated Assets

Assets that tend to move strongly against CIFR



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.68)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.47)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.48)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.54)





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