SPLG Forecast + Trading Strategies


Bullish Case: SPLG has consistently delivered solid returns over various timeframes and exhibits higher call option volumes. Lower implied volatility across longer tenors suggests confidence in price stability.


Bearish Case: Flat options term structure and minimal volume signal market skepticism. Higher helium implied volatility over the market suggests potential overpricing of current levels, indicating a potential pullback.


Potential Outcomes: 40% continuation of upward trend, 30% market correction, and 30% consolidation. Positivity influenced by low long-term volatility and historical growth.


Trading Oracle: Deploy a bullish short volatility strategy by selling 1 SPLG 08/16/2024 $65.00 put and buying 1 SPLG 08/16/2024 $63.00 put. With 65% market odds, this credit spread offers positive edge, optimal reward:risk, and aligns with current low volatility forecasts.


July 21, 2024


SPDR Series Trust - SPDR Portfolio S&P 500 Forecast

SPLG      SPDR Series Trust - SPDR Portfolio S&P 500











Correlated Assets

Assets that tend to move strongly with SPLG



IVV Forecast + Options Trading Strategies   IVV  BTC iShares Core S&P 500 (1.0)


VOO Forecast + Options Trading Strategies   VOO  Vanguard S&P 500 (1.0)


VTI Forecast + Options Trading Strategies   VTI  Vanguard Total Stock Market (1.0)


SPYG Forecast + Options Trading Strategies   SPYG  SPDR Portfolio S&P 500 Growth (1.0)


SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (1.0)



Uncorrelated Assets

Assets with little price relationship to SPLG



SONY Forecast + Options Trading Strategies   SONY  Sony Group Corporation (-0.0)


ZROZ Forecast + Options Trading Strategies   ZROZ  PIMCO 25+ Year Zero Coupon U.S. Treasury Index Exchange-Traded (0.0)


SNOW Forecast + Options Trading Strategies   SNOW  Snowflake (-0.0)


NEP Forecast + Options Trading Strategies   NEP  NextEra Energy (-0.0)


RH Forecast + Options Trading Strategies   RH  RH - (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against SPLG



DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.95)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.96)


SQQQ Forecast + Options Trading Strategies   SQQQ  ProShares UltraPro Short QQQ (-0.99)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-1.0)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-1.0)





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