KNX Forecast + Trading Strategies


Bullish Case: Improving truckload market sentiment and rising spot rates could enhance revenue and margins, supporting potential upward price movement, especially if freight volumes start recovering.


Bearish Case: High put option volume, persistent flat price action, and relatively high implied volatility signal market skepticism, suggesting potential downside risks if economic conditions or freight demand weaken.


Potential Outcomes:

1. Enhanced logistics and market recovery (40%),

2. Economic slowdown impacts freight (45%),

3. Stable but low-volatility market (15%). Predictions based on recent term structures, volume, and implied volatility.


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July 16, 2024


Knight-Swift Transportation Forecast

KNX      Knight-Swift Transportation











Correlated Assets

Assets that tend to move strongly with KNX



KIRK Forecast + Options Trading Strategies   KIRK  Kirkland's (0.87)


JBHT Forecast + Options Trading Strategies   JBHT  J.B. Hunt Transport Services (0.86)


IYT Forecast + Options Trading Strategies   IYT  BlackRock Institutional Trust Company N.A. - iShares U.S. Transportation (0.86)


LH Forecast + Options Trading Strategies   LH  Laboratory Corp. Of America (0.85)


MCD Forecast + Options Trading Strategies   MCD  McDonald's (0.84)



Uncorrelated Assets

Assets with little price relationship to KNX



DDM Forecast + Options Trading Strategies   DDM  ProShares Ultra Dow30 (0.0)


OPRA Forecast + Options Trading Strategies   OPRA  Opera (-0.0)


GIS Forecast + Options Trading Strategies   GIS  General Mills (-0.0)


YUM Forecast + Options Trading Strategies   YUM  Yum Brands (0.0)


RCM Forecast + Options Trading Strategies   RCM  R1 RCM (0.0)



Anticorrelated Assets

Assets that tend to move strongly against KNX



SHEL Forecast + Options Trading Strategies   SHEL  Shell Plc - ADR (Representing) (-0.69)


ARLP Forecast + Options Trading Strategies   ARLP  Alliance Resource (-0.71)


RRC Forecast + Options Trading Strategies   RRC  Range Resources (-0.73)


CNX Forecast + Options Trading Strategies   CNX  CNX Resources (-0.74)


SPXU Forecast + Options Trading Strategies   SPXU  ProShares UltraPro Short S&P 500 (-0.76)





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