SPSM Forecast


Bullish Case: Institutional buying and historical returns show bullish trends. Increased call options volume suggests positive sentiment, and Helium's AI model gives a slight positive forecast.


Bearish Case: Recent price decline and elevated implied volatility areas signal potential downside. Helium's higher uncertainty than the market hints at potential further negative movements in SPSM.


Potential Outcomes: High probability of modest positive returns (40%), moderate downside (30%), and flat movement (30%). Helium vs. market uncertainty differential suggests near-term volatility.


Trading Oracle: Enter a bullish call debit spread trade targeting $44 strike, expiring in 60 days. Maximize alpha using Long Volatility strategy with a profit target of $44. Rational: high call volume, moderate positive movement forecast, and institutional buying.


June 30, 2024


Active Trust - SPDR Portfolio S&P 600 Small Cap Forecast

SPSM      Active Trust - SPDR Portfolio S&P 600 Small Cap











Correlated Assets

Assets that tend to move strongly with SPSM



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.82)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.33)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.43)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.52)



Uncorrelated Assets

Assets with little price relationship to SPSM



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.33)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.43)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.52)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.82)



Anticorrelated Assets

Assets that tend to move strongly against SPSM



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.82)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.33)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.43)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.52)





Become a more profitable investor with AI optimized trading strategies






×

Chat with SPSM


 Ask any question about SPSM!