ONON Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: ONON's strong product innovation and recent price trends suggest continued growth potential, supported by the company's expanding market presence and promising AI-driven demand HeliumHelium.




Bearish Case: High competition, economic uncertainties, and Helium's slightly higher IV than market suggest potential headwinds and downside risk in the near term HeliumHelium.




Potential Outcomes:
  • AI boosts ON demand (45%) due to tech adoption Helium.
  • Economic downturn reduces demand (25%) amid volatility Helium.
  • Flat trading due to market indifference (20%) Helium.




Trading Oracle: Execute a bullish debit spread by buying $59 calls and selling $62 calls, betting on medium-term upswing. Capitalize on favorable AI-driven sentiment and flat volatility term structure . Adjust for volatility spikes by monitoring economic indicators closely.



January 22, 2025










Correlated Assets

Assets that tend to move strongly with ONON



BSX Forecast + Options Trading Strategies   BSX  Boston Scientific (0.96)


ERJ Forecast + Options Trading Strategies   ERJ  Embraer (0.95)


AGX Forecast + Options Trading Strategies   AGX  Argan (0.95)


VOO Forecast + Options Trading Strategies   VOO  Vanguard S&P 500 (0.95)


SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (0.95)



Uncorrelated Assets

Assets with little price relationship to ONON



URBN Forecast + Options Trading Strategies   URBN  Urban Outfitters (-0.01)


OGN Forecast + Options Trading Strategies   OGN  Organon (-0.02)


HCC Forecast + Options Trading Strategies   HCC  Warrior Met Coal (0.04)


ACN Forecast + Options Trading Strategies   ACN  Accenture (0.04)


SRPT Forecast + Options Trading Strategies   SRPT  Sarepta Therapeutics (0.04)



Anticorrelated Assets

Assets that tend to move strongly against ONON



APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.88)


SHLS Forecast + Options Trading Strategies   SHLS  Shoals (-0.89)


IEP Forecast + Options Trading Strategies   IEP  Icahn (-0.91)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.91)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.96)









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