HRI Forecast


Bullish Case: HRI's historical price returns suggest strong positive outcomes, supported by favorable implied volatility metrics and Helium's model. Sustained interest and recent performance add to the bullish outlook.


Bearish Case: HRI's recent market performance shows a decline from peak values, indicating potential overvaluation. Higher relative market implied volatility signals increasing uncertainty and possible continuation of the downward trend.


Potential Outcomes:

1. Positive AI developments, boosting stock (55%).

2. Market volatility negatively impacts stock price (35%).

3. Unexpected corporate news (10%).


Trading Oracle: Initiate a balanced 60-day debit spread. Buy ATM calls ($145) expiring in 60 days, sell OTM calls ($165) expiring the same period. Hedge with OTM puts ($130). Capitalize on implied volatility difference and historical price trends for high reward:risk, positive edge.


July 16, 2024


Herc Forecast

HRI      Herc











Correlated Assets

Assets that tend to move strongly with HRI



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.68)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.32)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.33)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.4)



Uncorrelated Assets

Assets with little price relationship to HRI



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.32)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.33)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.4)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.68)



Anticorrelated Assets

Assets that tend to move strongly against HRI



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.68)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.32)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.33)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.4)





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