DRIP Forecast


Bullish Case: DRIP's implied volatility is higher in the near term with strong historical returns over short holding periods—indicating potential for price recovery.


Bearish Case: DRIP's poor long-term historical performance coupled with flat price action and higher put volume indicates prevailing negative sentiment and potential for further declines.


Potential Outcomes:

1. Continued Negative Sentiment (60%): Price decline driven by high put volume and long-term downtrend.

2. Short-term Rebound (30%): Volatility suggests potential for sharp bullish moves.

3. Flat Performance (10%): Neutral trend due to mixed market signals.


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June 19, 2024


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

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











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MVIS Forecast + Options Trading Strategies   MVIS  Microvision (0.77)


BCE Forecast + Options Trading Strategies   BCE  BCE (0.76)



Uncorrelated Assets

Assets with little price relationship to DRIP



PLAB Forecast + Options Trading Strategies   PLAB  Photronics (0.0)


LSCC Forecast + Options Trading Strategies   LSCC  Lattice Semiconductor (-0.0)


ALK Forecast + Options Trading Strategies   ALK  Alaska Air (0.0)


EFX Forecast + Options Trading Strategies   EFX  Equifax (-0.0)


CVBF Forecast + Options Trading Strategies   CVBF  CVB Financial (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against DRIP



ERX Forecast + Options Trading Strategies   ERX  Direxion Daily Energy Bull 2X Shares (-0.95)


OVV Forecast + Options Trading Strategies   OVV  Ovintiv (-0.96)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.97)


VDE Forecast + Options Trading Strategies   VDE  Vanguard Group, Inc. - Vanguard Energy (-0.98)


XOP Forecast + Options Trading Strategies   XOP  SPDR Oil & Gas Exploration and Production (-0.99)





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