IGV Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: Strong historical returns combined with upcoming positive earnings can drive IGV prices higher. Market volatility is expected to remain suppressed, indicating potential for upward movement.




Bearish Case: Increased regulatory scrutiny and potential tech disruptions may weigh heavily on IGV, alongside a flattening volatilty curve that suggests caution in the market sentiment.




Potential Outcomes:

1. 65% chance of moderate recovery towards $110 driven by earnings.

2. 20% chance of sideways movement around $101.

3. 15% chance of sharp decline below $95 due to regulatory challenges.




Trading Oracle: Execute a long call spread by buying 1 $102 call and selling 1 $110 call, expiring in 35 days. Leverage the bullish sentiment with high odds of profit (80%) as volatility remains low, yielding a potential 15% return with minimal downside risk.



November 17, 2024


BlackRock Institutional Trust Company N.A. - iShares Expanded Tech-Software Sector Forecast

IGV        BlackRock Institutional Trust Company N.A. - iShares Expanded Tech-Software Sector











Correlated Assets

Assets that tend to move strongly with IGV



IGM Forecast + Options Trading Strategies   IGM  BlackRock Institutional Trust Company N.A. - iShares Expanded Tech Sector (0.94)


IYT Forecast + Options Trading Strategies   IYT  BlackRock Institutional Trust Company N.A. - iShares U.S. Transportation (0.88)


GL Forecast + Options Trading Strategies   GL  Globe Life (0.84)


FWRD Forecast + Options Trading Strategies   FWRD  Forward Air (0.84)


AMPH Forecast + Options Trading Strategies   AMPH  Amphastar Pharmaceuticals (0.8)



Uncorrelated Assets

Assets with little price relationship to IGV



IHI Forecast + Options Trading Strategies   IHI  BTC iShares U.S. Medical (-0.0)


HIMX Forecast + Options Trading Strategies   HIMX  Himax (-0.0)


URNM Forecast + Options Trading Strategies   URNM  North Shore Global Uranium Mining (-0.0)


APAM Forecast + Options Trading Strategies   APAM  Artisan Partners Asset (0.01)


CIM Forecast + Options Trading Strategies   CIM  Chimera Investment (0.01)



Anticorrelated Assets

Assets that tend to move strongly against IGV



FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (-0.76)


EGY Forecast + Options Trading Strategies   EGY  VAALCO Energy (-0.77)


CVE Forecast + Options Trading Strategies   CVE  Cenovus Energy (-0.77)


SHEL Forecast + Options Trading Strategies   SHEL  Shell Plc - ADR (Representing) (-0.79)


GTE Forecast + Options Trading Strategies   GTE  Gran Tierra Energy (-0.8)









Become a more profitable investor with AI optimized trading strategies






×

Chat with IGV


 Ask any question about IGV!