AI LABD Forecast


Bullish Case: LABD may rebound due to increasing implied volatility, supported by elevated call options volume and a term structure indicating peak volatility around Oct 2024. A positive biotech sector sentiment could drive prices higher.




Bearish Case: Current high volatility may indicate market uncertainty regarding LABD, with projected historical price decline patterns persisting. Additionally, the bearish sentiment in the market could continue to pressure LABD prices downward.




Potential Outcomes:

1. Increased volatility leads to a 60% chance of a price spike in late October.

2. Continued bearish market pressure forecasts a 30% chance of price stagnation.

3. Risk-averse investors lead to a 10% chance of unexpected sharp declines.




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September 25, 2024


Direxion Daily S&P Biotech Bear 3X Shares Forecast

LABD        Direxion Daily S&P Biotech Bear 3X Shares











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Assets that tend to move strongly with LABD



SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (0.94)


SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (0.92)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (0.92)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (0.92)


MED Forecast + Options Trading Strategies   MED  Medifast (0.86)



Uncorrelated Assets

Assets with little price relationship to LABD



KHC Forecast + Options Trading Strategies   KHC  Kraft Heinz (-0.0)


ARKG Forecast + Options Trading Strategies   ARKG  ARK Investment Management LLC - ARK Genomic Revolution (-0.0)


CFLT Forecast + Options Trading Strategies   CFLT  Confluent (0.0)


MTDR Forecast + Options Trading Strategies   MTDR  Matador Resources (0.0)


ENVX Forecast + Options Trading Strategies   ENVX  Enovix (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against LABD



CURE Forecast + Options Trading Strategies   CURE  Direxion Daily Healthcare Bull 3X Shares (-0.95)


IBB Forecast + Options Trading Strategies   IBB  BlackRock Institutional Trust Company N.A. - iShares Biotechnology (-0.95)


ICE Forecast + Options Trading Strategies   ICE  Intercontinental Exchange (-0.96)


XLV Forecast + Options Trading Strategies   XLV  Health Care Select Sector SPDR (-0.97)


XBI Forecast + Options Trading Strategies   XBI  SPDR Biotech (-0.98)









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