Given the flat volatility term structure and potential for range-bound price action, a Bearish Short Volatility strategy is optimal. This captures premium, leveraging high odds of profit and limited upside expectation.
Assets that tend to move strongly with STLD
NLR VanEck Vectors Uranium+Nuclear Energy (0.68)
LYFT Lyft (0.64)
LAC Lithium Americas (0.63)
WCC Wesco International (0.6)
LIT Global X Lithium & Battery Tech (0.6)
Assets with little price relationship to STLD
NKE Nike (-0.0)
FDX Fedex (-0.0)
ZBH Zimmer Biomet (0.0)
UNH Unitedhealth (-0.01)
AVDL Avadel Pharmaceuticals (-0.01)
Assets that tend to move strongly against STLD
FCEL Fuelcell Energy (-0.24)
VIXY ProShares VIX Short-Term Futures (-0.24)
BIV Vanguard Group, Inc. - Vanguard Intermediate-Term Bond (-0.26)
JDST Direxion Daily Junior Gold Miners Index Be (-0.28)
BMRN Registered Shares (-0.29)
2024 © Helium Trades
Privacy Policy & Disclosure
* Disclaimer: Nothing on this website constitutes investment advice, performance data or any recommendation that any particular security, portfolio of securities, transaction or investment strategy is suitable for any specific person. Helium Trades is not responsible in any way for the accuracy
of any model predictions or price data. Any mention of a particular security and related prediction data is not a recommendation to buy or sell that security. Investments in securities involve the risk of loss. Past performance is no guarantee of future results. Helium Trades is not responsible for any of your investment decisions,
you should consult a financial expert before engaging in any transaction.
Ask any question about STLD!
