IDT Forecast


Bullish Case: IDT’s strong historical performance, recent significant partnerships, and innovative product launches suggest growth potential. The term structure indicates slightly higher Helium implied volatility, hinting at positive expectations.


Bearish Case: Despite IDT's innovations, the market shows higher put option activity and elevated uncertainty in closer expiry dates. The helium-market volatility surface indicates potential risk, suggesting downward price pressure.


Potential Outcomes:

1. Sustained growth: 35%.

2. Short-term correction: 30%.

3. Stabilization post-volatility: 35%. These estimates consider IDT’s innovation, market positioning, and historical performance.


Trading Oracle: Execute a bullish iron condor short volatility strategy with strike prices of $35 and $39, expiring in 60 days. This leverages IDT’s moderate volatility divergence and current price trend, offering high reward:risk with a high probability of profit.


July 16, 2024


IDT Corp. - Forecast

IDT      IDT Corp. -











Correlated Assets

Assets that tend to move strongly with IDT



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.84)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.42)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.66)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.76)



Uncorrelated Assets

Assets with little price relationship to IDT



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.42)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.66)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.76)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.84)



Anticorrelated Assets

Assets that tend to move strongly against IDT



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.84)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.42)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.66)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.76)





Become a more profitable investor with AI optimized trading strategies






×

Chat with IDT


 Ask any question about IDT!