HIVE Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: HIVE is leveraging advancements in renewable energy and AI, positioning it for growth as it seeks to double its hashrate. Increased mining efficiency and evolving market interest could stabilize or enhance valuations.




Bearish Case: Heightened Bitcoin mining difficulty and potential regulatory pressures present significant risks, threatening HIVE's profitability. Current volatility trends within options suggest market skepticism about immediate recovery.




Potential Outcomes:
  1. 60%: HIVE successfully integrates AI and increases hashrate.
  2. 20%: Persistent mining difficulties limit profitability growth.
  3. 15%: Regulatory challenges adversely impact operations.
  4. 5%: Unexpected market rebounds boost stock prices significantly.




Trading Oracle: Consider a bearish credit spread targeting volatility contraction: sell the January 2025 $4.00 call and buy the $7.00 call for protection. Timeframe: 30 days, aiming for a consistent 66% chance of profit. Adjust based on market volatility and sentiment.



December 18, 2024


HIVE Blockchain Forecast

HIVE        HIVE Blockchain











Correlated Assets

Assets that tend to move strongly with HIVE



WHR Forecast + Options Trading Strategies   WHR  Whirlpool (0.61)


ILMN Forecast + Options Trading Strategies   ILMN  Illumina (0.59)


VSCO Forecast + Options Trading Strategies   VSCO  Victoria's Secret (0.56)


GL Forecast + Options Trading Strategies   GL  Globe Life (0.55)


BHF Forecast + Options Trading Strategies   BHF  Brighthouse Financial (0.54)



Uncorrelated Assets

Assets with little price relationship to HIVE



CLSK Forecast + Options Trading Strategies   CLSK  Cleanspark (-0.0)


CNXC Forecast + Options Trading Strategies   CNXC  Concentrix (0.01)


XLB Forecast + Options Trading Strategies   XLB  Active Trust - Materials Select Sector SPDR (0.01)


NRG Forecast + Options Trading Strategies   NRG  NRG Energy (0.01)


SUPV Forecast + Options Trading Strategies   SUPV  Grupo Supervielle S.A. (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against HIVE



FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (-0.43)


UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.47)


FEZ Forecast + Options Trading Strategies   FEZ  SPDR EURO Stoxx 50 (-0.47)


OGN Forecast + Options Trading Strategies   OGN  Organon (-0.52)


PEP Forecast + Options Trading Strategies   PEP  Pepsico (-0.56)









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