IBB Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Strong sector innovation and favorable regulatory news could push IBB above $150, leveraging bullish sentiment and mean-reversion tendencies observed historically.




Bearish Case: Regulatory hurdles or macroeconomic factors may drive IBB down to $130, heightened by current high implied volatility over short durations impacting trader sentiment.




Potential Outcomes:

1) 40% chance of IBB reaching $150 due to positive innovation;

2) 20% chance of decline to $130 from regulatory setbacks;

3) 25% chance of stability around $140;

4) 15% chance of extreme volatility affecting both directions.




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November 15, 2024


BlackRock Institutional Trust Company N.A. - iShares Biotechnology Forecast

IBB        BlackRock Institutional Trust Company N.A. - iShares Biotechnology











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Assets that tend to move strongly with IBB



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TJX Forecast + Options Trading Strategies   TJX  TJX Companies (0.87)


CURE Forecast + Options Trading Strategies   CURE  Direxion Daily Healthcare Bull 3X Shares (0.86)



Uncorrelated Assets

Assets with little price relationship to IBB



SABR Forecast + Options Trading Strategies   SABR  Sabre (-0.0)


SCO Forecast + Options Trading Strategies   SCO  ProShares UltraShort Bloomberg Crude Oil (0.0)


CRWD Forecast + Options Trading Strategies   CRWD  Crowdstrike (0.0)


PENN Forecast + Options Trading Strategies   PENN  Penn National Gaming (0.0)


IJH Forecast + Options Trading Strategies   IJH  BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap (0.01)



Anticorrelated Assets

Assets that tend to move strongly against IBB



DK Forecast + Options Trading Strategies   DK  Delek US (-0.77)


GO Forecast + Options Trading Strategies   GO  Grocery Outlet (-0.78)


MBI Forecast + Options Trading Strategies   MBI  MBIA (-0.79)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.8)


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









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