DRIP Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: High implied volatility and increased call volume indicate potential for a rebound, supported by short-term bullish sentiment in the energy sector.




Bearish Case: Historical declines and high implied volatility suggest risks of further downside, with ongoing negative sentiment weighing heavily on DRIP's price.




Potential Outcomes:
  • Continued Decline (50%): Persistent historical losses and volatility concerns.
  • Short-term Rebound (30%): Call volume suggests possibility of a recovery.
  • Flat Performance (20%): Mixed signals may result in stagnation.



May 17, 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



SCO Forecast + Options Trading Strategies   SCO  ProShares UltraShort Bloomberg Crude Oil (0.71)


KO Forecast + Options Trading Strategies   KO  Coca-Cola (0.64)


SNY Forecast + Options Trading Strategies   SNY  Sanofi (0.51)


FNF Forecast + Options Trading Strategies   FNF  Fidelity National Financial (0.49)


PPL Forecast + Options Trading Strategies   PPL  PPL (0.47)



Uncorrelated Assets

Assets with little price relationship to DRIP



HL Forecast + Options Trading Strategies   HL  Hecla Mining (0.01)


TRGP Forecast + Options Trading Strategies   TRGP  Targa Resources (0.01)


TGNA Forecast + Options Trading Strategies   TGNA  TEGNA (0.01)


UPST Forecast + Options Trading Strategies   UPST  Upstart (0.02)


GRBK Forecast + Options Trading Strategies   GRBK  Green Brick (0.02)



Anticorrelated Assets

Assets that tend to move strongly against DRIP



HCC Forecast + Options Trading Strategies   HCC  Warrior Met Coal (-0.66)


UUUU Forecast + Options Trading Strategies   UUUU  Energy Fuels (-0.67)


DELL Forecast + Options Trading Strategies   DELL  Dell (-0.68)


CVX Forecast + Options Trading Strategies   CVX  Chevron (-0.71)


HP Forecast + Options Trading Strategies   HP  Helmerich & Payne (-0.76)









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