SSO Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: SSO shows strong historical returns and low implied volatility, suggesting upside potential. Social media sentiment skews positive, with a bullish price forecast and 58% more bullish risk, enhancing the bullish narrative.




Bearish Case: Flat term structure and recent price action indicate caution. High implied volatility may limit upside, with potential for mean reversion amplified by previous overextensions.




Potential Outcomes: 50% chance of continuation around $91, 30% of pullback towards $86, 20% potential rally to $95.




Trading Oracle: Consider a neutral to moderately bullish strategy: trade short put credit spreads. Sell 1 $82 put and buy 1 $80 put, targeting 30 days out. A high probability of profit harnessing edge from expected volatility stabilization enhances risk-reward.



January 11, 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)


TT Forecast + Options Trading Strategies   TT  Trane (0.97)


BSX Forecast + Options Trading Strategies   BSX  Boston Scientific (0.97)


MFC Forecast + Options Trading Strategies   MFC  Manulife Financial (0.96)



Uncorrelated Assets

Assets with little price relationship to SSO



TMO Forecast + Options Trading Strategies   TMO  Thermo Fisher Scientific (-0.0)


FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (0.01)


UAN Forecast + Options Trading Strategies   UAN  CVR Partners (-0.01)


OGN Forecast + Options Trading Strategies   OGN  Organon (-0.03)


BHVN Forecast + Options Trading Strategies   BHVN  Biohaven Pharmaceutical (-0.03)



Anticorrelated Assets

Assets that tend to move strongly against SSO



VSAT Forecast + Options Trading Strategies   VSAT  Viasat (-0.86)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.87)


SHLS Forecast + Options Trading Strategies   SHLS  Shoals (-0.89)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.89)


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









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