GL Forecast + Trading Strategies


Bullish Case: GL is undervalued, with implied volatility higher than realized, a high likelihood of positive return over 1.5 years, and Helium's models predicting an edge for bullish positions.


Bearish Case: Negative sentiment overshadowed by ongoing legal issues and high trading volume in puts, indicating potential downside risk despite Helium's low-volatility forecast.


Potential Outcomes: Steady financial performance (50%), adverse legal outcome (35%), stability post-legal resolution (15%). Recent price action suggests low probability of sharp movements.


Trading Oracle: Bullish short volatility spreads. Sell $86 puts, buy $80 puts expiring in 7 days. High alpha move with a positive edge, ~77% profit odds, utilizing implied volatility skew. Ensure strategy aligns with overall capital risk.


July 13, 2024


Globe Life Forecast

GL      Globe Life











Correlated Assets

Assets that tend to move strongly with GL



VFC Forecast + Options Trading Strategies   VFC  VF (0.52)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.51)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.44)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.74)



Uncorrelated Assets

Assets with little price relationship to GL



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.44)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.51)


VFC Forecast + Options Trading Strategies   VFC  VF (0.52)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.74)



Anticorrelated Assets

Assets that tend to move strongly against GL



VFC Forecast + Options Trading Strategies   VFC  VF (0.52)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.51)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.44)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.74)


GL News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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