AI PINK Forecast


Price Forecast:


Bearish<->Bullish


Bullish Case: PINK's implied volatility suggests heightened trading interest, signaling potential upside as market dynamics evolve and key events unfold, driving prices above $34.


Bearish Case: High implied volatility and flat recent performance indicate strong market uncertainty, risking a potential decline towards $28 should negative news emerge or sentiment shift.


Potential Outcomes:

1. Continued flat action (40%) as uncertainty persists.

2. Moderate rally (30%) post-key events.

3. Significant drop (30%) from negative sentiment or economic indicators.


Trading Oracle: Consider executing a bull call debit spread targeting $30-$34 strikes expiring in September to capitalize on potential upside. Low implied volatility supports this approach, providing an excellent risk-reward ratio.


August 15, 2024


Simplify Exchange Traded Funds - Simplify Health Care Forecast

PINK      Simplify Exchange Traded Funds - Simplify Health Care











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Uncorrelated Assets

Assets with little price relationship to PINK



W Forecast + Options Trading Strategies   W  Wayfair (-0.0)


JNJ Forecast + Options Trading Strategies   JNJ  Johnson & Johnson (-0.0)


FSK Forecast + Options Trading Strategies   FSK  FS KKR (-0.01)


IMAX Forecast + Options Trading Strategies   IMAX  Imax (-0.01)


WY Forecast + Options Trading Strategies   WY  Weyerhaeuser (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against PINK



PBT Forecast + Options Trading Strategies   PBT  Permian Basin Royalty (-0.89)


SOYB Forecast + Options Trading Strategies   SOYB  Teucrium Soybean (-0.9)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.92)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.93)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.95)





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