ITA Forecast + Trading Strategies




Price Forecast:




80% Confidence

Bearish<->Bullish




Bullish Case: Stable demand in aerospace and improved earnings reports could drive ITA closer to its historical highs, potentially exceeding $160 in the near term.




Bearish Case: Continued geopolitical tensions and potential economic downturns may lead to stagnation or declines, keeping ITA around current levels or below $140.




Potential Outcomes:
  • Positive earnings beat (40%): ~5% jump.
  • Stagnation due to mixed signals (30%): ~2% flat.
  • Downturn from geopolitical issues (30%): ~5% drop.




Trading Oracle: Consider a bullish debit spread: buy ITA $150 calls and sell $155 calls to benefit from potential volatility increase and upward movement. Alternatively, bearish strategy: buy $140 puts and sell $135 puts if anticipating downturn. Both approaches offer strong risk-reward dynamics, aligning with market sentiment.



December 12, 2024


BTC iShares U.S. Aerospac Forecast

ITA        BTC iShares U.S. Aerospac











Correlated Assets

Assets that tend to move strongly with ITA



JXN Forecast + Options Trading Strategies   JXN  Jackson Financial (0.97)


ERJ Forecast + Options Trading Strategies   ERJ  Embraer (0.97)


COOP Forecast + Options Trading Strategies   COOP  Mr. Cooper (0.97)


FTAI Forecast + Options Trading Strategies   FTAI  Fortress Transportation and Infrastructure Investors (0.96)


IWD Forecast + Options Trading Strategies   IWD  iShares Russell 1000 Value (0.96)



Uncorrelated Assets

Assets with little price relationship to ITA



NET Forecast + Options Trading Strategies   NET  Cloudflare (-0.0)


BHVN Forecast + Options Trading Strategies   BHVN  Biohaven Pharmaceutical (0.01)


S Forecast + Options Trading Strategies   S  Sprint (-0.01)


SRRK Forecast + Options Trading Strategies   SRRK  Scholar Rock (0.01)


ARKK Forecast + Options Trading Strategies   ARKK  ARK Innovation (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against ITA



DLTR Forecast + Options Trading Strategies   DLTR  Dollar Tree (-0.91)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.92)


CABA Forecast + Options Trading Strategies   CABA  Cabaletta Bio (-0.92)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.92)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.95)









Become a more profitable investor with AI optimized trading strategies






×

Chat with ITA


 Ask any question about ITA!