SNEX Forecast


Bullish Case: The SNEX price may benefit from positive operational results and strategic expansions into commodities and digital services, potentially driving the price upwards, especially as market conditions shift.


Bearish Case: Ongoing legal issues, combined with modest sales growth and recent insider selling, could dampen investor confidence, possibly leading to downward price pressures in the equity.


Potential Outcomes:

1) Continued partnership success (35%).

2) Escalating legal challenges (30%).

3) Market volatility triggers more pronounced price movements (25%).

4) Uncertain regulatory changes impacting future growth (10%).


Trading Oracle: Initiate a bullish strategy using a long call spread or calendar spread to take advantage of potential upward volatility in SNEX price. Target strikes around $85 with expirations in 60-90 days to balance risk and reward.


July 24, 2024


StoneX Forecast

SNEX      StoneX











Correlated Assets

Assets that tend to move strongly with SNEX



LI Forecast + Options Trading Strategies   LI  Li Auto (0.32)


VFC Forecast + Options Trading Strategies   VFC  VF (0.26)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.16)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.39)



Uncorrelated Assets

Assets with little price relationship to SNEX



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.16)


VFC Forecast + Options Trading Strategies   VFC  VF (0.26)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.32)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.39)



Anticorrelated Assets

Assets that tend to move strongly against SNEX



LI Forecast + Options Trading Strategies   LI  Li Auto (0.32)


VFC Forecast + Options Trading Strategies   VFC  VF (0.26)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.16)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.39)





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