ONON Forecast + Trading Strategies


Bullish Case: Potential increased AI adoption and eco-friendly trends position ONON well. The bullish HeliumTrades AI price forecast (+0.77%) and historical price return patterns support future gains.


Bearish Case: High competition and global economic uncertainties may hinder market share growth. Historical return data shows stagnation or negative returns, posing risk.


Potential Outcomes: Increased AI adoption boosts demand (56%), economic uncertainties impacting negatively (20%), market indifference (15%), severe global instability (9%), tight competition (30%).


Trading Oracle: Trade credit spreads expiring in 30 days with a bullish bias. Buy $39.00 strike calls, sell $40.00 strike calls. Leverage Helium's higher IV and AI sentiment. Monitor economic indicators and adjust as necessary for dynamic risk management. Positive edge, high reward.


July 20, 2024










Correlated Assets

Assets that tend to move strongly with ONON



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.75)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.52)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.42)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.45)



Uncorrelated Assets

Assets with little price relationship to ONON



LI Forecast + Options Trading Strategies   LI  Li Auto (-0.42)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.45)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.52)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.75)



Anticorrelated Assets

Assets that tend to move strongly against ONON



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.75)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.52)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.42)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.45)





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