SPXC Forecast


Bullish Case: SPXC shows resilience with strong historical returns and bullish AI forecast (+0.82%). Mean reversion improves odds for continued growth.


Bearish Case: Persistent insider selling and increased put option volumes suggest bearish sentiment; uncertainty around macroeconomic factors looms large.


Potential Outcomes:

1. SPXC rally continues (50%),

2. Sideways movement on mixed sentiment (30%),

3. Pullback due to macro uncertainties (20%).


Trading Oracle: Initiate a long call diagonal spread. Buy December 2024 145 calls, sell September 2024 155 calls. This manages risk and leverages the mean reversion trend. Bullish edge with controlled risk.


June 23, 2024


SPX Forecast

SPXC      SPX











Correlated Assets

Assets that tend to move strongly with SPXC



QCOM Forecast + Options Trading Strategies   QCOM  Qualcomm (0.97)


GDDY Forecast + Options Trading Strategies   GDDY  Godaddy (0.96)


WING Forecast + Options Trading Strategies   WING  Wingstop (0.96)


CR Forecast + Options Trading Strategies   CR  Crane (0.96)


LEVI Forecast + Options Trading Strategies   LEVI  Levi Strauss (0.95)



Uncorrelated Assets

Assets with little price relationship to SPXC



SNOW Forecast + Options Trading Strategies   SNOW  Snowflake (0.0)


HXL Forecast + Options Trading Strategies   HXL  Hexcel (0.0)


GPC Forecast + Options Trading Strategies   GPC  Genuine Parts (0.01)


KWEB Forecast + Options Trading Strategies   KWEB  KraneShares CSI China Internet (-0.01)


DLTR Forecast + Options Trading Strategies   DLTR  Dollar Tree (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against SPXC



VXX Forecast + Options Trading Strategies   VXX  iPath Series B S&P 500 VIX Short-Term Futures (-0.93)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.93)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.93)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.93)


TECS Forecast + Options Trading Strategies   TECS  Direxion Daily Technology Bear 3X Shares (-0.94)





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