QQQA Forecast


Bullish Case: Strong institutional investment, historical trend of positive returns, and neutral to high implied volatility, suggest potential for a bullish move.


Bearish Case: High market implied volatility and significant uncertainties indicated by the volatility surface, warnings of possible price corrections.


Potential Outcomes: 60% chance of continued bullish momentum, 30% chance of short-term market dips, and 10% chance of drastic regulatory impact.


Trading Oracle: Execute bullish debit spreads on QQQA expiring in September 2024, targeting strikes near current levels (~$46.87). This hedges implied volatility, leveraging potential price recovery while mitigating downside risk. Optimal trade-off between alpha, reward:risk, and probability-of-profit.


July 17, 2024


ProShares Forecast

QQQA      ProShares











Correlated Assets

Assets that tend to move strongly with QQQA



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.87)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.32)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.66)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.69)



Uncorrelated Assets

Assets with little price relationship to QQQA



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.32)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.66)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.69)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.87)



Anticorrelated Assets

Assets that tend to move strongly against QQQA



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.87)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.32)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.66)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.69)





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