Price Forecast:

Bullish Case: RKLB's strong recent performance and call volume suggest continued upward momentum, fueled by contracts in burgeoning sectors like lunar economy. Implied volatility spikes indicate investors expect significant future price moves, potentially supporting bullish trends.

Bearish Case: High volatility levels and substantial implied market uncertainty could result in price corrections. Insider selling signals negative sentiment, combined with the potential for adverse news impacting stock value.

Potential Outcomes:

1) Continued rally towards $20 (40%);

2) Price stabilizes near $17 (35%);

3) Correction back to $15 due to negative sentiment or news (25%).

Trading Oracle: Implement a bullish strategy by selling OTM put spreads targeting the $19.5 strike. Market odds of profit are 73%, seeking potential returns of 51%. Hold positions till the next anticipated price surge, leveraging implied volatility trends for advantages in spread trades.

November 15, 2024