COPX Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: Rising global demand for green technology and infrastructure boosts copper prices, enhancing COPX's outlook. Stable volatility suggests minimal downside risks, favoring bullish sentiment.




Bearish Case: Potential economic slowdown and geopolitical tensions threaten copper demand. Elevated implied volatility may induce price swings, posing risks to COPX's stability.




Potential Outcomes:
  1. Increased Copper Demand (50%): Driving COPX gains.
  2. Economic Slowdown (30%): Hindering growth prospects.
  3. Market Stability (20%): With minor fluctuations.




Trading Oracle:
Bearish Long Volatility: Consider buying $45 put and selling $42 put. Strategy benefits from potential downturns and elevated volatility. Details here.



March 27, 2025


Global X Funds - Global X Copper Miners Forecast

COPX        Global X Funds - Global X Copper Miners











Correlated Assets

Assets that tend to move strongly with COPX



RIO Forecast + Options Trading Strategies   RIO  Rio Tinto (0.92)


BHP Forecast + Options Trading Strategies   BHP  BHP Group Limited (0.89)


GOGL Forecast + Options Trading Strategies   GOGL  Golden Ocean (0.82)


FRO Forecast + Options Trading Strategies   FRO  Frontline (0.77)


AMAT Forecast + Options Trading Strategies   AMAT  Applied Materials (0.76)



Uncorrelated Assets

Assets with little price relationship to COPX



CWEN Forecast + Options Trading Strategies   CWEN  Clearway Energy (0.0)


MNSO Forecast + Options Trading Strategies   MNSO  MINISO Group Holding Ltd (0.0)


COO Forecast + Options Trading Strategies   COO  Cooper Companies (0.0)


SG Forecast + Options Trading Strategies   SG  Sweetgreen (-0.01)


BATRK Forecast + Options Trading Strategies   BATRK  Liberty Media Corp. (Tracking Stock - Braves) Series C (0.01)



Anticorrelated Assets

Assets that tend to move strongly against COPX



BTI Forecast + Options Trading Strategies   BTI  British American Tobacco (-0.69)


CLPT Forecast + Options Trading Strategies   CLPT  ClearPoint Neuro (-0.69)


ALLT Forecast + Options Trading Strategies   ALLT  Allot (-0.71)


AVXL Forecast + Options Trading Strategies   AVXL  Anavex Life Sciences (-0.73)


BKSY Forecast + Options Trading Strategies   BKSY  BlackSky Technology (-0.75)









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