PSQ Forecast


Bullish Case: Despite flat recent price action, PSQ's trading volume, holding a 182.8% two-year rise, signals continued investor interest. Elevated implied volatility on longer-dated options suggests anticipated market turbulence, driving demand for PSQ.


Bearish Case: Implied volatility is tapering off with time, indicating reduced investor fear. Historical returns show limited sustained upside. Additionally, significant buying sentiment could trigger profit-taking and reduce upward momentum.


Potential Outcomes:

1. Continued flat (40%): Market absorbs recent movement, volatility shaping sideways trend.

2. Moderate rise (30%): Market uncertainty boosts PSQ.

3. Correction (25%): Overexposure correction.

4. Significant decline (5%): Unexpected market optimism.


Trading Oracle: Short-term bullish debit spread recommended. Buy Aug 16, 2024 $43.00 Call; Sell Aug 16, 2024 $44.00 Call. The moderate volatility indicated and previous Helium forecast align for higher reward:risk (from current $40.5). Anticipate market discomfort, allowing a pragmatic 45-day horizon.


June 30, 2024


ProShares Short QQQ Forecast

PSQ      ProShares Short QQQ











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Uncorrelated Assets

Assets with little price relationship to PSQ



SON Forecast + Options Trading Strategies   SON  Sonoco Products (-0.0)


PCTY Forecast + Options Trading Strategies   PCTY  Paylocity (-0.0)


SLG Forecast + Options Trading Strategies   SLG  SL Green Realty (-0.0)


LINC Forecast + Options Trading Strategies   LINC  Lincoln Educational Services (-0.0)


WFC Forecast + Options Trading Strategies   WFC  Wells Fargo (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against PSQ



ULTA Forecast + Options Trading Strategies   ULTA  Ulta Beauty (-0.79)


LULU Forecast + Options Trading Strategies   LULU  Lululemon Athletica inc. (-0.79)


BRZE Forecast + Options Trading Strategies   BRZE  Braze (-0.81)


RHI Forecast + Options Trading Strategies   RHI  Robert Half International (-0.81)


GL Forecast + Options Trading Strategies   GL  Globe Life (-0.85)





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