OLED Forecast + Trading Strategies


Bullish Case: OLED's strong 10-year growth trajectory (435%) and recent institutional buying signal confidence in future performance. Additionally, recent bullish AI forecasts bolster optimism for market resilience, despite past volatility.


Bearish Case: OLED's flat 2-year price action (-8.9%) alongside high implied volatility suggests underlying risks may not be fully priced in. Struggles with market perception and potential volatility misestimation pose significant downside threats.


Potential Outcomes: There's a 50% likelihood prices stabilize around $224, a 30% chance for a push to $250 driven by positive sentiment and institutional interest, while a 20% chance exists for a dip to $200 as volatility spikes.


Trading Oracle: Consider a long call debit spread by buying the $230 strike call and selling the $250 strike call for September expiration. This aligns with a bullish outlook amid high implied volatility, targeting upside while limiting risk exposure.


July 25, 2024


Universal Display Forecast

OLED      Universal Display











Correlated Assets

Assets that tend to move strongly with OLED



LOGI Forecast + Options Trading Strategies   LOGI  Logitech International (0.84)


ESTC Forecast + Options Trading Strategies   ESTC  Elastic (0.84)


NYT Forecast + Options Trading Strategies   NYT  New York Times Co. (0.84)


INSM Forecast + Options Trading Strategies   INSM  Insmed (0.83)


KTOS Forecast + Options Trading Strategies   KTOS  Kratos Defense & Security (0.82)



Uncorrelated Assets

Assets with little price relationship to OLED



QS Forecast + Options Trading Strategies   QS  QuantumScape (0.0)


SWK Forecast + Options Trading Strategies   SWK  Stanley Black & Decker (-0.0)


GRAB Forecast + Options Trading Strategies   GRAB  Grab Holdings Limited (0.0)


CSGP Forecast + Options Trading Strategies   CSGP  Costar Group (-0.0)


BMRN Forecast + Options Trading Strategies   BMRN  Registered Shares (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against OLED



ASHR Forecast + Options Trading Strategies   ASHR  Xtrackers Harvest CSI 300 China A-Shares (-0.73)


CHAU Forecast + Options Trading Strategies   CHAU  Direxion Daily CSI 300 China A Share Bull 2X Shares (-0.75)


PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (-0.75)


RGR Forecast + Options Trading Strategies   RGR  Sturm, Ruger & Co. (-0.78)


TMV Forecast + Options Trading Strategies   TMV  Direxion Daily 20+ Year Treasury Bear 3X Shares (-0.81)





Become a more profitable investor with AI optimized trading strategies






×

Chat with OLED


 Ask any question about OLED!