TBI Forecast


Bullish Case: The HeliumTrades AI price forecast (+1.17%) indicates a potential short-term recovery. Historical support at $9 and mean reversion patterns suggest upward movement.


Bearish Case: High implied volatility, low trading volume in options, and mean reversion trends point to further decline. Recent negative price action (-13.2% over a month) reinforces bearish sentiments.


Potential Outcomes:

1. Continued decline (-13% to -20%) due to negative sentiment (40%).

2. Minor recovery (1% to 5%) driven by market corrections (35%).

3. Flat performance due to mean reversion (20%).

4. Major upside from unexpected positive news (5%).


Trading Oracle: Trade Helium Short Volatility using a debit spread: buy the Aug 16, 2024 $10 C and sell the Aug 16, 2024 $15 C. Bearish outlook in 1-2 months targets high IV and recent price trends. This strategy balances high reward:risk with a strong probability-of-profit.


July 11, 2024


TrueBlue Forecast

TBI      TrueBlue











Correlated Assets

Assets that tend to move strongly with TBI



APPS Forecast + Options Trading Strategies   APPS  Digital Turbine (0.93)


YCL Forecast + Options Trading Strategies   YCL  ProShares Ultra Yen (0.92)


LEG Forecast + Options Trading Strategies   LEG  Leggett & Platt (0.91)


PERI Forecast + Options Trading Strategies   PERI  Perion Network (0.9)


IONQ Forecast + Options Trading Strategies   IONQ  IonQ (0.9)



Uncorrelated Assets

Assets with little price relationship to TBI



CAG Forecast + Options Trading Strategies   CAG  Conagra Brands (0.0)


NICE Forecast + Options Trading Strategies   NICE  NICE (0.0)


ABT Forecast + Options Trading Strategies   ABT  Abbott Laboratories (0.0)


NUE Forecast + Options Trading Strategies   NUE  Nucor (0.0)


EXPE Forecast + Options Trading Strategies   EXPE  Expedia (0.0)



Anticorrelated Assets

Assets that tend to move strongly against TBI



FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (-0.82)


DXJ Forecast + Options Trading Strategies   DXJ  WisdomTree Japan Hedged Equity (-0.83)


CEG Forecast + Options Trading Strategies   CEG  Constellation Energy (-0.84)


FRO Forecast + Options Trading Strategies   FRO  Frontline (-0.84)


ACGL Forecast + Options Trading Strategies   ACGL  Arch (-0.9)


TBI News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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