UDOW Forecast + Trading Strategies


Bullish Case: Stable implied volatility and positive recent price action suggest UDOW can maintain an upward trend, bolstered by favorable Fed rate speculations.


Bearish Case: Flat term structure and modest implied volatility disparities imply potential for stagnation or mild decline amid market uncertainty and mixed options trading signals.


Potential Outcomes:

1) UDOW rises (55%) due to positive market sentiment and stable implied volatility.

2) UDOW stalls (30%) aligned with term structure and option volume.

3) UDOW drops (15%) driven by market uncertainty.


Trading Oracle: Sign Up to access trading oracle trade ideas.


July 20, 2024


ProShares UltraPro Dow30 Forecast

UDOW      ProShares UltraPro Dow30











Correlated Assets

Assets that tend to move strongly with UDOW



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.81)


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


VFC Forecast + Options Trading Strategies   VFC  VF (-0.54)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.56)



Uncorrelated Assets

Assets with little price relationship to UDOW



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


VFC Forecast + Options Trading Strategies   VFC  VF (-0.54)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.56)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.81)



Anticorrelated Assets

Assets that tend to move strongly against UDOW



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.81)


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


VFC Forecast + Options Trading Strategies   VFC  VF (-0.54)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.56)





Become a more profitable investor with AI optimized trading strategies






×

Chat with UDOW


 Ask any question about UDOW!