TQQQ Forecast + Trading Strategies


Bullish Case: Technological advancements and institutional buy-ins support robust upward momentum, with implied volatility suggesting near-term upside.


Bearish Case: High current volatility and implied uncertainty indicate potential downside, especially with elevated prices, pointing to correction risks.


Potential Outcomes:

1. Continued growth (50%).

2. Market correction (40%) due to high volatility.

3. Flat movement (10%), stable near-term outlook.


Trading Oracle: Adopt a bearish short volatility strategy. Sell $74.5 strike call options, buy $81.0 strike calls, expiring in ~16 days, high probability of profit at 68% with positive edge and favorable reward:risk dynamics.


July 18, 2024


ProShares UltraPro QQQ Forecast

TQQQ      ProShares UltraPro QQQ











Correlated Assets

Assets that tend to move strongly with TQQQ



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.87)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.32)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.65)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.69)



Uncorrelated Assets

Assets with little price relationship to TQQQ



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.32)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.65)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.69)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.87)



Anticorrelated Assets

Assets that tend to move strongly against TQQQ



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.87)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.32)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.65)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.69)





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