OIH Forecast + Trading Strategies


Bullish Case: OIH has seen a 14.4% growth over two years, with current Helium implied volatility slightly higher than market. Bullish risk is 19% higher across all tenors, indicating potential market underestimation of upward momentum.


Bearish Case: OIH is currently trading at -72.5% from ten years ago, and recent prices show a -6.7% decline over the last month with a flat term structure, suggesting possible stagnation and downside risks.


Potential Outcomes: Market stays neutral (40%), demand for oil services increases (30%), regulatory/policital changes negatively impact (30%). Estimation based on historical returns, recent price trends, and volatility structure.


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June 13, 2024


VanEck Vectors Oil Services Forecast

OIH      VanEck Vectors Oil Services











Correlated Assets

Assets that tend to move strongly with OIH



CIVI Forecast + Options Trading Strategies   CIVI  Civitas Resources Inc New (0.91)


NE Forecast + Options Trading Strategies   NE  Noble (0.9)


BKR Forecast + Options Trading Strategies   BKR  Baker Hughes (0.86)


EOG Forecast + Options Trading Strategies   EOG  EOG Resources (0.86)


CDLX Forecast + Options Trading Strategies   CDLX  Cardlytics (0.85)



Uncorrelated Assets

Assets with little price relationship to OIH



PEG Forecast + Options Trading Strategies   PEG  Public Service Enterprise (0.0)


PRMW Forecast + Options Trading Strategies   PRMW  Primo Water (0.0)


OSK Forecast + Options Trading Strategies   OSK  Oshkosh (-0.0)


AGNC Forecast + Options Trading Strategies   AGNC  AGNC Investment (-0.0)


BANC Forecast + Options Trading Strategies   BANC  Banc of California (0.0)



Anticorrelated Assets

Assets that tend to move strongly against OIH



PANW Forecast + Options Trading Strategies   PANW  Palo Alto Networks (-0.61)


DRIP Forecast + Options Trading Strategies   DRIP  Direxion Daily S&P Oil & Gas Exp. & Prod. (-0.63)


FL Forecast + Options Trading Strategies   FL  Foot Locker (-0.67)


PLNT Forecast + Options Trading Strategies   PLNT  Planet Fitness (-0.7)


SAVA Forecast + Options Trading Strategies   SAVA  Cassava Sciences (-0.71)





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