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ONON Forecast + Trading Strategies



Price Forecast:




80% Confidence

Bearish   <->   Bullish



Bullish Case: ONON has demonstrated strong past performance with a 74.7% increase over the last year. Current bullish sentiment in social media, alongside expectations of AI adoption driving demand, supports a positive outlook for share prices.



Bearish Case: Despite historical gains, persistent market volatility and skepticism regarding its valuation could cap ONON's growth. High implied volatility suggests that investors remain cautious, potentially leading to a downtrend.



Potential Outcomes:
  • Continued AI adoption boosts demand (56% probability).
  • Market sentiment improves, leading to price increase (35% probability).
  • Market remains indifferent, resulting in flat trading (25% probability).
  • Economic conditions worsen, impacting sales negatively (20% probability).



Trading Oracle: Given the current environment, consider a bullish strategy by executing a debit spread: buy the $57.5 call and sell the $60 call, capitalizing on the favorable long volatility. This strategy allows for leveraged upside potential while managing risk with a clear exit strategy.


December 19, 2024











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Anticorrelated Assets

Assets that tend to move strongly against ONON


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SDS Forecast + Options Trading Strategies   SDS  ProShares UltraShort S&P500 (-0.95)







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