POET Forecast


Bullish Case: POET's visibility investments and cultural interest (Taylor Swift album) could drive substantial demand. Implied volatility and historical price returns reveal a possibility for significant price gains.


Bearish Case: Recent flat price action and ongoing volatility signal risk. Historical return surface predominantly shows low relative likelihood of high returns over all holding periods, suggesting caution.


Potential Outcomes:

1. Increase in cultural trends boosts price (30%).

2. Continuation of flat performance (50%).

3. Economic downturn negatively impacts price (20%). These probabilities are adjusted based on market sentiment and historical performance.


Trading Oracle: Go long on POET using debit spreads. Buy January 2025 $5.0 Calls and sell October 2024 $4.0 Calls. This strategy leverages high implied volatility and short-term bullish sentiment. Expect a 3-6 month horizon. Monitor closely, reassessing bi-monthly for adjustments to capture volatility and limit risks. A high reward:risk ratio with potential substantial upside and positive edge.


July 23, 2024


POET Forecast

POET      POET











Correlated Assets

Assets that tend to move strongly with POET



FNV Forecast + Options Trading Strategies   FNV  Franco-Nevada (0.85)


BABA Forecast + Options Trading Strategies   BABA  Alibaba (0.83)


RILY Forecast + Options Trading Strategies   RILY  B. Riley Financial (0.82)


ASHR Forecast + Options Trading Strategies   ASHR  Xtrackers Harvest CSI 300 China A-Shares (0.81)


RCM Forecast + Options Trading Strategies   RCM  R1 RCM (0.81)



Uncorrelated Assets

Assets with little price relationship to POET



IJH Forecast + Options Trading Strategies   IJH  BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap (-0.0)


HXL Forecast + Options Trading Strategies   HXL  Hexcel (-0.0)


DTE Forecast + Options Trading Strategies   DTE  DTE Energy (0.01)


PHG Forecast + Options Trading Strategies   PHG  Koninklijke Philips (0.01)


SILJ Forecast + Options Trading Strategies   SILJ  ETF Managers Group LLC - ETFMG Prime Junior Silver Miners (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against POET



SUN Forecast + Options Trading Strategies   SUN  Sunoco (-0.78)


BOH Forecast + Options Trading Strategies   BOH  Bank of Hawaii (-0.79)


GIII Forecast + Options Trading Strategies   GIII  G-III Apparel (-0.83)


X Forecast + Options Trading Strategies   X  United States Steel (-0.83)


AFRM Forecast + Options Trading Strategies   AFRM  Affirm (-0.84)





Become a more profitable investor with AI optimized trading strategies






×

Chat with POET


 Ask any question about POET!