OPEN Forecast


Bullish Case: Opendoor's recent recovery indicates potential, with HeliumTrades AI forecasting a +1.89% increase. A robust partnership ecosystem and operational improvements could support upside.


Bearish Case: Opendoor’s historical negative returns and volatility indicate significant downside risk. Elevated debt levels amidst market uncertainty can pressure its financial stability.


Potential Outcomes: OPEN price increases due to positive edge (55%). Decreases due to downside convexity (39%). Market volatility impacts (21%).


Trading Oracle: Trade bullish debit spreads. Buy $2.50 calls expiring Aug 16, 2024, sell $3.00 calls. High IV and positive AI forecast suggest a strong edge. Time outlook: 30 days. Alpha-driven, high reward:risk, 65% probability-of-profit.


July 16, 2024


Opendoor Forecast

OPEN      Opendoor











Correlated Assets

Assets that tend to move strongly with OPEN



VFC Forecast + Options Trading Strategies   VFC  VF (0.75)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.55)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.32)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.43)



Uncorrelated Assets

Assets with little price relationship to OPEN



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.32)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.43)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.55)


VFC Forecast + Options Trading Strategies   VFC  VF (0.75)



Anticorrelated Assets

Assets that tend to move strongly against OPEN



VFC Forecast + Options Trading Strategies   VFC  VF (0.75)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.55)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.32)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.43)





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