HOOD Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Growing trading volumes and rising user engagement, alongside strategic partnerships in the crypto space, could propel HOOD's growth, potentially breaking into the $35-$40 range as investor sentiment shifts positively.




Bearish Case: Persisting macroeconomic challenges and regulatory scrutiny could stifle growth, potentially dragging HOOD back towards $25 or lower as volatility remains elevated, especially with a high implied volatility forecast.




Potential Outcomes:

1) Improved trading fundamentals (30%);

2) Ongoing macro issues (50%);

3) Strategic partnerships boosting investor confidence (15%);

4) Regulatory setbacks harming growth (5%).




Trading Oracle: Adopt a bullish stance through a debit spread, purchasing HOOD $35 calls and selling $37 calls, with expiration in mid-December. This leverages high implied volatility and potential for upward price movement around earnings. Risk management remains critical, monitor key regulatory developments closely.



November 12, 2024


Robinhood Markets Forecast

HOOD        Robinhood Markets











Correlated Assets

Assets that tend to move strongly with HOOD



VTI Forecast + Options Trading Strategies   VTI  Vanguard Total Stock Market (0.95)


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


QQQM Forecast + Options Trading Strategies   QQQM  Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 (0.95)


RDW Forecast + Options Trading Strategies   RDW  Redwire (0.95)


BAC Forecast + Options Trading Strategies   BAC  Bank Of America (0.94)



Uncorrelated Assets

Assets with little price relationship to HOOD



UCO Forecast + Options Trading Strategies   UCO  ProShares Ultra Bloomberg Crude Oil (-0.0)


AMKR Forecast + Options Trading Strategies   AMKR  AMKOR Technology (-0.0)


AFRM Forecast + Options Trading Strategies   AFRM  Affirm (-0.0)


CAL Forecast + Options Trading Strategies   CAL  Caleres (0.0)


BG Forecast + Options Trading Strategies   BG  Bunge (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against HOOD



APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.86)


AMN Forecast + Options Trading Strategies   AMN  AMN Healthcare Services (-0.87)


VSAT Forecast + Options Trading Strategies   VSAT  Viasat (-0.88)


COUR Forecast + Options Trading Strategies   COUR  Coursera (-0.9)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.95)









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