HOOD Forecast + Trading Strategies




Price Forecast:




80% Confidence

Bearish<->Bullish




Bullish Case: HOOD may experience bullish momentum as implied volatility remains elevated and options activity favors calls. Positive sentiment in the options market suggests potential for significant price appreciation due to upcoming favorable outcomes.




Bearish Case: Market volatility could pressure HOOD as macroeconomic concerns persist and market uncertainty increases, potentially leading to a decline in stock performance and downward pressure on prices.




Potential Outcomes:
  1. Improving fundamentals lead to a price increase (30% chance)
  2. Marketplace challenges and macro pressures continue to hamper growth (50% chance)
  3. Acquisition rumors enhance stock value (20% chance)




Trading Oracle: Consider implementing a bullish debit spread by purchasing HOOD $42.00 calls while selling $45.00 calls expiring in early January. This strategy takes advantage of elevated implied volatility, with a strong probability of profit as positive earnings surprises are anticipated.



December 18, 2024


Robinhood Markets Forecast

HOOD        Robinhood Markets











Correlated Assets

Assets that tend to move strongly with HOOD



AIQ Forecast + Options Trading Strategies   AIQ  Global X Funds - Global X Artificial Intelligence & Technology (0.95)


SPXL Forecast + Options Trading Strategies   SPXL  Direxion Daily S&P 500 Bull 3X Shares (0.95)


BAC Forecast + Options Trading Strategies   BAC  Bank Of America (0.95)


SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (0.95)


SPLG Forecast + Options Trading Strategies   SPLG  SPDR Series Trust - SPDR Portfolio S&P 500 (0.95)



Uncorrelated Assets

Assets with little price relationship to HOOD



AMED Forecast + Options Trading Strategies   AMED  Amedisys (0.0)


VTRS Forecast + Options Trading Strategies   VTRS  Viatris (-0.01)


PENN Forecast + Options Trading Strategies   PENN  Penn National Gaming (0.01)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.02)


WMT Forecast + Options Trading Strategies   WMT  Walmart (0.02)



Anticorrelated Assets

Assets that tend to move strongly against HOOD



XRAY Forecast + Options Trading Strategies   XRAY  DENTSPLY Sirona (-0.86)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.87)


VSAT Forecast + Options Trading Strategies   VSAT  Viasat (-0.89)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.94)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.94)









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