AI SIRI Forecast + Trading Strategies


Bullish Case: Sirius XM's upcoming consolidation with Liberty could unlock significant synergies, boosting operational efficiency and subscriber growth, leading to an upward price trajectory.


Bearish Case: Continued subscriber losses, alongside high debt levels and persistent competition from streaming services, may drive Sirius XM’s stock lower as financial pressure mounts.


Potential Outcomes:

1. Consolidation success with Liberty (40% chance).

2. Continued subscriber attrition (30% chance).

3. Price stagnation at current levels (20% chance).

4. Significant downturn due to economic factors (10% chance).


Trading Oracle: Implement a bullish put credit spread by selling SIRI $3.5 puts and buying $3.0 puts, capitalizing on high implied volatility and a likely stability in stock price. Probability of profit is 78% with a reward-to-risk ratio of 10:1. Focus on a 1-month horizon.


August 29, 2024










Correlated Assets

Assets that tend to move strongly with SIRI



DAVA Forecast + Options Trading Strategies   DAVA  Endava plc (0.96)


AKAM Forecast + Options Trading Strategies   AKAM  Akamai (0.9)


ACAD Forecast + Options Trading Strategies   ACAD  Acadia Pharmaceuticals (0.89)


FUBO Forecast + Options Trading Strategies   FUBO  fuboTV (0.89)


DBX Forecast + Options Trading Strategies   DBX  Dropbox (0.89)



Uncorrelated Assets

Assets with little price relationship to SIRI



OLN Forecast + Options Trading Strategies   OLN  Olin (-0.0)


BUG Forecast + Options Trading Strategies   BUG  Global X Cybersecurity (-0.0)


TX Forecast + Options Trading Strategies   TX  Ternium S.A. - (-0.0)


BITF Forecast + Options Trading Strategies   BITF  Bitfarms (-0.0)


HDB Forecast + Options Trading Strategies   HDB  HDFC (0.01)



Anticorrelated Assets

Assets that tend to move strongly against SIRI



CRTO Forecast + Options Trading Strategies   CRTO  Criteo (-0.85)


CNX Forecast + Options Trading Strategies   CNX  CNX Resources (-0.86)


SU Forecast + Options Trading Strategies   SU  Suncor Energy (-0.86)


PPTA Forecast + Options Trading Strategies   PPTA  Perpetua Resources (-0.87)


CPNG Forecast + Options Trading Strategies   CPNG  Coupang (-0.89)





Become a more profitable investor with AI optimized trading strategies






×

Chat with SIRI


 Ask any question about SIRI!