SIRI Forecast + Trading Strategies


Bullish Case: SIRI could benefit from a tech-driven resurgence and potential partnerships, elevating future prospects.


Bearish Case: SIRI faces risks from prolonged subscriber losses and market skepticism, impacting its stock further.


Potential Outcomes: High volatility is expected: 40% chance of a -10% decline, 30% chance of stability, 30% chance of slight recovery.


Trading Oracle: Maximize gains with a bearish short volatility position: Sell near-term $3.0 strike calls, buy $3.5 strike calls. High probability of profit capitalizing on decline amidst high implied volatility and uncertainty.


June 30, 2024


Sirius XM Forecast

SIRI      Sirius XM











Correlated Assets

Assets that tend to move strongly with SIRI



VFC Forecast + Options Trading Strategies   VFC  VF (0.7)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.56)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.62)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.79)



Uncorrelated Assets

Assets with little price relationship to SIRI



LI Forecast + Options Trading Strategies   LI  Li Auto (0.56)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.62)


VFC Forecast + Options Trading Strategies   VFC  VF (0.7)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.79)



Anticorrelated Assets

Assets that tend to move strongly against SIRI



VFC Forecast + Options Trading Strategies   VFC  VF (0.7)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.56)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.62)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.79)





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