RPD Forecast


Bullish Case: RPD shows resilience with historical mean-reverting price action, and the term structure suggests lower volatility towards the end of the year, indicating potential stabilization. AI advancements in cybersecurity ([bizjournals.com]) could drive positive sentiment.


Bearish Case: Recent price action shows a steep decline, and high implied volatility indicates persistent uncertainty. The 0th percentile option volume ([Helium]) with a 62% higher put volume ([Helium]) suggests bearish sentiment among investors.


Potential Outcomes: Settlement with JetBrains (30%), continued disputes causing further decline (40%), market sentiment (15%), surprise from rising cybersecurity demand (15%).


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June 19, 2024


Rapid7 Forecast

RPD      Rapid7











Correlated Assets

Assets that tend to move strongly with RPD



AKAM Forecast + Options Trading Strategies   AKAM  Akamai (0.92)


BRZE Forecast + Options Trading Strategies   BRZE  Braze (0.89)


LULU Forecast + Options Trading Strategies   LULU  Lululemon Athletica inc. (0.88)


NFE Forecast + Options Trading Strategies   NFE  New Fortress Energy (0.87)


GL Forecast + Options Trading Strategies   GL  Globe Life (0.86)



Uncorrelated Assets

Assets with little price relationship to RPD



GSK Forecast + Options Trading Strategies   GSK  Glaxosmithkline (-0.0)


AIR Forecast + Options Trading Strategies   AIR  AAR (-0.0)


CARG Forecast + Options Trading Strategies   CARG  CarGurus (0.0)


LRCX Forecast + Options Trading Strategies   LRCX  Lam Research (0.0)


SPSM Forecast + Options Trading Strategies   SPSM  Active Trust - SPDR Portfolio S&P 600 Small Cap (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against RPD



STAA Forecast + Options Trading Strategies   STAA  Staar Surgical (-0.74)


SMTC Forecast + Options Trading Strategies   SMTC  Semtech (-0.74)


MO Forecast + Options Trading Strategies   MO  Altria (-0.74)


KBR Forecast + Options Trading Strategies   KBR  KBR (-0.75)


QID Forecast + Options Trading Strategies   QID  ProShares UltraShort QQQ (-0.76)





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