HUGE Forecast


Bullish Case: Given the recent oversold conditions and increasing speculative interest, HUGE could rebound sharply, supported by potential positive developments in the market and favorable technical indicators.


Bearish Case: Persistent volatility and historical trends suggest continued declines for HUGE, with high implied volatility indicating bearish sentiment and potential for further substantial losses.


Potential Outcomes:

1) Continued decline (-50%, 70% probability).

2) Short-term rebound (+20%, 30% probability).

3) Stagnation (0%, 20% probability). Increased focus on recent performance and potential market shifts informs these outcomes.


Trading Oracle: Consider a bullish strategy with debit spreads, buying HUGE 1.00 calls and selling 2.00 calls due to high implied volatility (500%). Target short-term gains with a time outlook towards Aug 2024, ensuring a favorable risk/reward ratio.


July 25, 2024


FSD Pharma (Sub Voting) Forecast

HUGE      FSD Pharma (Sub Voting)











Correlated Assets

Assets that tend to move strongly with HUGE



LI Forecast + Options Trading Strategies   LI  Li Auto (0.87)


VFC Forecast + Options Trading Strategies   VFC  VF (0.79)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.39)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.87)



Uncorrelated Assets

Assets with little price relationship to HUGE



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.39)


VFC Forecast + Options Trading Strategies   VFC  VF (0.79)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.87)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.87)



Anticorrelated Assets

Assets that tend to move strongly against HUGE



LI Forecast + Options Trading Strategies   LI  Li Auto (0.87)


VFC Forecast + Options Trading Strategies   VFC  VF (0.79)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.39)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.87)





Become a more profitable investor with AI optimized trading strategies






×

Chat with HUGE


 Ask any question about HUGE!