SSO Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: SSO's higher-than-market-implied volatility and significant bullish sentiment suggest potential upside. Call trading volume dominance and persistent long-term gains hint at continued price appreciation.




Bearish Case: Flat term structure and elevated implied volatility hint at a potential pullback. Recent price stagnation and risks of mean reversion reduce the immediate bullish momentum, posing short-term downside risks.




Potential Outcomes: 40% chance of continued upward momentum; 35% probability of short-term pullback; 25% likelihood of sideways trading. Implied volatility and recent trends play key roles here.




Trading Oracle: Deploy bullish call debit spreads: buy $97 call, sell $100 call, targeting March expiry. Focus on long volatility with a time horizon under 43 days. Leveraging current implied volatility mismatch offers a high reward-to-risk ratio and positive alpha.



February 07, 2025


ProShares Ultra S&P500 Forecast

SSO        ProShares Ultra S&P500











Correlated Assets

Assets that tend to move strongly with SSO



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


VGT Forecast + Options Trading Strategies   VGT  Vanguard Information Technology (0.98)


GLW Forecast + Options Trading Strategies   GLW  Corning (0.97)


KKR Forecast + Options Trading Strategies   KKR  KKR (0.97)


BCS Forecast + Options Trading Strategies   BCS  Barclays (0.96)



Uncorrelated Assets

Assets with little price relationship to SSO



ONTO Forecast + Options Trading Strategies   ONTO  Onto Innovation (-0.0)


HCC Forecast + Options Trading Strategies   HCC  Warrior Met Coal (-0.0)


ASAN Forecast + Options Trading Strategies   ASAN  Asana (-0.0)


AZN Forecast + Options Trading Strategies   AZN  Astrazeneca (-0.01)


PYCR Forecast + Options Trading Strategies   PYCR  Paycor HCM (0.01)



Anticorrelated Assets

Assets that tend to move strongly against SSO



SHLS Forecast + Options Trading Strategies   SHLS  Shoals (-0.87)


IEP Forecast + Options Trading Strategies   IEP  Icahn (-0.87)


LEA Forecast + Options Trading Strategies   LEA  Lear (-0.88)


AMN Forecast + Options Trading Strategies   AMN  AMN Healthcare Services (-0.89)


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









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