COMB Forecast


Bullish Case: COMB has moderate price returns over holding periods longer than a year. Historical volatility is low, suggesting potential price stability in upward drifts.


Bearish Case: Current trends show negative price performance over most timelines. Elevated implied volatility indicates significant uncertainty and potential downside risks.


Potential Outcomes: Bullish: 15% via economic expansion and infrastructure investments. Bearish: 65% due to macroeconomic challenges and existing bearish trends. Neutral: 20% with stability in commodity prices.


Trading Oracle: Initiate a bear put spread by buying the 19.00 P and selling the 16.00 P expiring August 16, 2024. Elevated implied volatility and ongoing downtrend favor bearish positions. This strategy offers high reward-to-risk and a solid probability of profit.


July 16, 2024


GraniteShares Bloomberg Commodity Broad Strategy No K-1 Forecast

COMB      GraniteShares Bloomberg Commodity Broad Strategy No K-1











Correlated Assets

Assets that tend to move strongly with COMB



CRK Forecast + Options Trading Strategies   CRK  Comstock Resources (0.88)


FNV Forecast + Options Trading Strategies   FNV  Franco-Nevada (0.86)


BKR Forecast + Options Trading Strategies   BKR  Baker Hughes (0.84)


RIG Forecast + Options Trading Strategies   RIG  Transocean (0.83)


SARK Forecast + Options Trading Strategies   SARK  Tuttle Capital Short Innovation (0.81)



Uncorrelated Assets

Assets with little price relationship to COMB



SILJ Forecast + Options Trading Strategies   SILJ  ETF Managers Group LLC - ETFMG Prime Junior Silver Miners (0.0)


CVGW Forecast + Options Trading Strategies   CVGW  Calavo Growers (-0.0)


DX Forecast + Options Trading Strategies   DX  Dynex Capital (-0.0)


FSK Forecast + Options Trading Strategies   FSK  FS KKR (-0.0)


JACK Forecast + Options Trading Strategies   JACK  Jack In The Box (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against COMB



HST Forecast + Options Trading Strategies   HST  Host Hotels & Resorts (-0.83)


X Forecast + Options Trading Strategies   X  United States Steel (-0.83)


INMB Forecast + Options Trading Strategies   INMB  INmune Bio (-0.83)


PVH Forecast + Options Trading Strategies   PVH  PVH (-0.83)


RCKT Forecast + Options Trading Strategies   RCKT  Rocket Pharmaceuticals (-0.87)





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