DRIP Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: DRIP shows increased call volume (73% more than puts) and 111% more bullish risk, signaling optimism in short-term gains if oil prices recover.




Bearish Case: Despite recent price rise, long-term decline (-99.9% over five years) and high implied volatility suggest sustained risks and potential for sharp declines.




Potential Outcomes:

1. Continued Recovery (50%): Oil price rebound fuels gains.

2. Short-Term Dip (30%): Volatility leads to rapid losses.

3. Stability (20%): Mixed factors keep prices near $14.07.



April 16, 2025


Direxion Daily S&P Oil & Gas Exp. & Prod. Forecast

DRIP        Direxion Daily S&P Oil & Gas Exp. & Prod.











Correlated Assets

Assets that tend to move strongly with DRIP



VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (0.71)


VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (0.71)


SCO Forecast + Options Trading Strategies   SCO  ProShares UltraShort Bloomberg Crude Oil (0.68)


UL Forecast + Options Trading Strategies   UL  Unilever (0.66)


DUK Forecast + Options Trading Strategies   DUK  Duke Energy (0.66)



Uncorrelated Assets

Assets with little price relationship to DRIP



ROST Forecast + Options Trading Strategies   ROST  Ross Stores (0.0)


AMZN Forecast + Options Trading Strategies   AMZN  Amazon.com (-0.01)


WEBL Forecast + Options Trading Strategies   WEBL  Direxion Daily Dow Jones Internet Bull 3X Shares (-0.01)


ITB Forecast + Options Trading Strategies   ITB  BTC iShares U.S. Home Construction (-0.01)


AX Forecast + Options Trading Strategies   AX  Axos Financial (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against DRIP



CLSK Forecast + Options Trading Strategies   CLSK  Cleanspark (-0.73)


PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (-0.78)


NOG Forecast + Options Trading Strategies   NOG  Northern Oil and Gas (-0.86)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.86)


OVV Forecast + Options Trading Strategies   OVV  Ovintiv (-0.92)









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