Bullish Case: IYT's substantial bearish risk skew implies a contrarian opportunity. Market uncertainty may be overstated, setting the stage for a rebound.


Bearish Case: IYT's drastic decline over multiple time frames signaling enduring sector weakness, with a flat term structure suggesting no immediate recovery.


Potential Outcomes: Outcomes:

1. Slight rebound if transport demand rises (20%).

2. Further decline amid persisting sector issues (40%).

3. Stagnation with no catalysts (30%).


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March 27, 2024


BlackRock Institutional Trust Company N.A. - iShares U.S. Transportation Forecast

IYT        BlackRock Institutional Trust Company N.A. - iShares U.S. Transportation
Price Forecast: BEARISH    Price Action: TRENDING (?)











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