DIOD Forecast


Bullish Case: DIOD's historical price return patterns show potential for significant gains, supported by technological advancements in LED and semiconductor sectors.


Bearish Case: Potential competitive pressures and market volatility, coupled with high implied volatility projections, may impede DIOD's performance and lead to downside risks.


Potential Outcomes: 60% DIOD benefits from Tech advancements boosting returns, 40% competition and macro risks hinder performance decreasing value.


Trading Oracle: Execute a bearish credit spread: sell $75.0 strike put and buy $70.0 strike put expiring in ~49 days, leveraging positive edge and market-implied volatility for a high probability of profit. Monitor closely for reactive adjustments.


June 30, 2024


Diodes Forecast

DIOD      Diodes











Correlated Assets

Assets that tend to move strongly with DIOD



VFC Forecast + Options Trading Strategies   VFC  VF (0.42)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.13)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.13)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.08)



Uncorrelated Assets

Assets with little price relationship to DIOD



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.08)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.13)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.13)


VFC Forecast + Options Trading Strategies   VFC  VF (0.42)



Anticorrelated Assets

Assets that tend to move strongly against DIOD



VFC Forecast + Options Trading Strategies   VFC  VF (0.42)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.13)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.13)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.08)





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