EPV Forecast


Bullish Case: The historical price return surface indicates potential for gains with longer holding periods, and the slight positive deviation in EPV's implied volatility signals latent strength.


Bearish Case: Current trading volumes are low, downward price trends from the past years, and negative price drift suggest a troubling outlook. Market events could further pressure EPV's price.


Potential Outcomes: 70% chance of continued downturn due to weak historical returns and low volume, 20% chance of stabilization near current levels, 10% chance of a rebound fueled by external market shocks.


Trading Oracle: Implement a short volatility strategy using credit spreads. Sell August $6.00 puts and buy August $5.00 puts. Monitor closely over the next 30 days. This strategy leverages current high implied volatility and prevailing bearish trend for a favorable reward-to-risk ratio.


July 12, 2024


ProShares UltraShort FTSE Europe Forecast

EPV      ProShares UltraShort FTSE Europe











Correlated Assets

Assets that tend to move strongly with EPV



LI Forecast + Options Trading Strategies   LI  Li Auto (0.7)


VFC Forecast + Options Trading Strategies   VFC  VF (0.67)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.44)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.94)



Uncorrelated Assets

Assets with little price relationship to EPV



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.44)


VFC Forecast + Options Trading Strategies   VFC  VF (0.67)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.7)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.94)



Anticorrelated Assets

Assets that tend to move strongly against EPV



LI Forecast + Options Trading Strategies   LI  Li Auto (0.7)


VFC Forecast + Options Trading Strategies   VFC  VF (0.67)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.44)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.94)





Become a more profitable investor with AI optimized trading strategies






×

Chat with EPV


 Ask any question about EPV!