ROM Forecast + Trading Strategies


Bullish Case: The recent uptrend in call option volumes, alongside low historical volatility, suggests increasing bullish sentiment for ROM. Positive AI forecasts predict continued growth, supported by a favorable return profile over longer holding periods indicated by historical return data.


Bearish Case: Despite bullish indicators, elevated implied volatility in ROM options signals significant uncertainty. Recent flat price action, combined with recent declines, raises the risk of a potential retracement, particularly if market sentiment shifts abruptly.


Potential Outcomes:

1. Continued Bullish Trend (60%): Strong demand for calls suggests positive momentum.

2. Short-term Correction (30%): Flat price action may lead to dips.

3. Prolonged Bearish Phase (10%): Market volatility could trigger sustained declines.


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July 25, 2024


ProShares Ultra Technology Forecast

ROM      ProShares Ultra Technology











Correlated Assets

Assets that tend to move strongly with ROM



TECL Forecast + Options Trading Strategies   TECL  Direxion Daily Technology Bull 3X Shares (1.0)


XLK Forecast + Options Trading Strategies   XLK  Technology Select Sector SPDR (1.0)


TQQQ Forecast + Options Trading Strategies   TQQQ  ProShares UltraPro QQQ (0.99)


QQQM Forecast + Options Trading Strategies   QQQM  Invesco Exchange-Traded Fund Trust II - Invesco NASDAQ 100 (0.99)


AIQ Forecast + Options Trading Strategies   AIQ  Global X Funds - Global X Artificial Intelligence & Technology (0.99)



Uncorrelated Assets

Assets with little price relationship to ROM



ZROZ Forecast + Options Trading Strategies   ZROZ  PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded (0.0)


BRZE Forecast + Options Trading Strategies   BRZE  Braze (0.0)


RPD Forecast + Options Trading Strategies   RPD  Rapid7 (0.0)


ESTA Forecast + Options Trading Strategies   ESTA  Establishment Labs (0.0)


GRAB Forecast + Options Trading Strategies   GRAB  Grab Holdings Limited (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against ROM



SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.94)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.97)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.97)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.99)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (-1.0)





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