SOXS Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: High implied volatility and potential economic pressures could boost demand for SOXS as a hedge against semiconductor downturns.




Bearish Case: Over the long term, potential stabilization in semiconductor markets and decreasing implied volatility could undermine SOXS returns.




Potential Outcomes: 50% chance of continued volatility leading to SOXS gains, 30% chance of semiconductor market stabilization, 20% chance of AI-driven demand boosts SOXS.




Trading Oracle: Focus on debit spreads with long call options on SOXS. Take advantage of high implied volatilities and potential near-term volatility spikes. Target 2-3 month timelines for peak ROI.



January 15, 2025


Direxion Daily Semiconductor Bear 3X Shares Forecast

SOXS        Direxion Daily Semiconductor Bear 3X Shares











Correlated Assets

Assets that tend to move strongly with SOXS



UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (0.78)


KDP Forecast + Options Trading Strategies   KDP  Keurig Dr Pepper (0.54)


SU Forecast + Options Trading Strategies   SU  Suncor Energy (0.53)


AZN Forecast + Options Trading Strategies   AZN  Astrazeneca (0.51)


VIRT Forecast + Options Trading Strategies   VIRT  Virtu Financial (0.46)



Uncorrelated Assets

Assets with little price relationship to SOXS



VAL Forecast + Options Trading Strategies   VAL  Valaris (-0.0)


NOW Forecast + Options Trading Strategies   NOW  ServiceNow (-0.01)


RILY Forecast + Options Trading Strategies   RILY  B. Riley Financial (0.01)


DE Forecast + Options Trading Strategies   DE  Deere (-0.02)


ETR Forecast + Options Trading Strategies   ETR  Entergy (0.02)



Anticorrelated Assets

Assets that tend to move strongly against SOXS



BHVN Forecast + Options Trading Strategies   BHVN  Biohaven Pharmaceutical (-0.66)


ODFL Forecast + Options Trading Strategies   ODFL  Old Dominion Freight Line (-0.67)


CWH Forecast + Options Trading Strategies   CWH  Camping World (-0.7)


GL Forecast + Options Trading Strategies   GL  Globe Life (-0.73)


CZR Forecast + Options Trading Strategies   CZR  Caesars Entertainment (-0.75)









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