FERG Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: As AI advancements continue, FERG could see significant growth. The bullish sentiment indicated by the term structure suggests that the time until expiration may favor long positions on calls, especially if volatility remains elevated.




Bearish Case: Regulatory uncertainties surrounding AI technology and rising market volatility risks could undermine FERG's performance. The high demand for put options signifies market caution, suggesting potential declines in pricing.




Potential Outcomes:

1. AI advancements boost FERG: 65%.

2. Regulatory clampdown hampers FERG: 57%.

3. Ongoing global economic uncertainty impacts FERG: 20%.

4. Increased market volatility stabilizes: 30%.




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November 08, 2024


 Forecast

FERG        











Correlated Assets

Assets that tend to move strongly with FERG



CNM Forecast + Options Trading Strategies   CNM  Core & Main (0.86)


VMC Forecast + Options Trading Strategies   VMC  Vulcan Materials (0.85)


CMC Forecast + Options Trading Strategies   CMC  Commercial Metals (0.83)


WMS Forecast + Options Trading Strategies   WMS  Advanced Drainage Systems (0.81)


SM Forecast + Options Trading Strategies   SM  SM Energy (0.8)



Uncorrelated Assets

Assets with little price relationship to FERG



UNIT Forecast + Options Trading Strategies   UNIT  Uniti (-0.0)


ROK Forecast + Options Trading Strategies   ROK  Rockwell Automation (0.0)


AUR Forecast + Options Trading Strategies   AUR  Aurora Innovation (-0.0)


BTI Forecast + Options Trading Strategies   BTI  British American Tobacco (-0.0)


CNXT Forecast + Options Trading Strategies   CNXT  VanEck Vectors ChinaAMC SME-ChiNext (0.0)



Anticorrelated Assets

Assets that tend to move strongly against FERG



NKLA Forecast + Options Trading Strategies   NKLA  Nikola (-0.66)


PENN Forecast + Options Trading Strategies   PENN  Penn National Gaming (-0.69)


WMT Forecast + Options Trading Strategies   WMT  Walmart (-0.72)


ERY Forecast + Options Trading Strategies   ERY  Direxion Daily Energy Bear 2X Shares (-0.74)


DRIP Forecast + Options Trading Strategies   DRIP  Direxion Daily S&P Oil & Gas Exp. & Prod. (-0.75)









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