SPIR Forecast + Trading Strategies


Bullish Case: A strong bullish case for SPIR is driven by its strategic partnerships, technological advancements, and an impressive historical price performance. The company's ability to consistently innovate and its solid market position, forecasted by historical return surfaces, could lead to substantial gains.


Bearish Case: A bearish outlook stems from high implied volatility and potential market uncertainty. Analysts have downgraded revenue estimates and expressed concerns over possible increased competition and operational challenges, which could lead to a decline in SPIR's performance.


Potential Outcomes: Strong strategic wins and continued tech adoption (65%); market challenges and competitive pressure stunting growth (20%); regulatory hurdles and external factors causing stagnation (15%).


Trading Oracle: Trade bullish long call debit spreads targeting November 2024. Focus on strikes around $13-$15 leveraging the current volatility surface. This strategy capitalizes on predicted recovery, positive edge from Helium odds, and manages risk while maintaining high reward potential. The ideal trade window is 4-6 months for maximizing profit.


July 20, 2024










Correlated Assets

Assets that tend to move strongly with SPIR



H Forecast + Options Trading Strategies   H  Hyatt Hotels (0.94)


ARKF Forecast + Options Trading Strategies   ARKF  ARK Fintech Innovation (0.94)


WCN Forecast + Options Trading Strategies   WCN  Waste Connections (0.93)


ICE Forecast + Options Trading Strategies   ICE  Intercontinental Exchange (0.93)


TGT Forecast + Options Trading Strategies   TGT  Target (0.93)



Uncorrelated Assets

Assets with little price relationship to SPIR



LNTH Forecast + Options Trading Strategies   LNTH  Lantheus (0.0)


OLMA Forecast + Options Trading Strategies   OLMA  Olema Pharmaceuticals (-0.0)


CVS Forecast + Options Trading Strategies   CVS  CVS Health (0.01)


HIMX Forecast + Options Trading Strategies   HIMX  Himax (-0.01)


BEP Forecast + Options Trading Strategies   BEP  Brookfield Renewable (0.01)



Anticorrelated Assets

Assets that tend to move strongly against SPIR



UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.9)


BOIL Forecast + Options Trading Strategies   BOIL  ProShares Ultra Bloomberg Natural Gas (-0.91)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.91)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.92)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.92)





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