Bullish Case: Tradeweb Markets shows strong price gains over the past 5 years fueled by increased trading volumes and robust sector performance. Key bullish factors include 53% more bullish option risk and historical return patterns favoring continued gains over the long term.

Bearish Case: High implied volatility differences between Helium and market indicate elevated uncertainty. Combined with insider selling patterns and valuation concerns, these factors suggest potential for a market correction if bullish sentiment wanes.

Potential Outcomes:

• Continued trading volume growth boosts revenue: 40%
• Market correction due to valuation concerns: 30%
• Stable sideways movement with mixed signals: 30%

Trading Oracle:

Implement a Bullish Long Volatility strategy by buying OOTM call options and selling fewer further OOTM call options. Explore Strategy to capitalize on volatility and potential price increases indicated by elevated Helium volatility forecasts and bullish option volume.

March 15, 2025