Bullish Case: The VTV’s recent call trading volume, higher than put volume, and consistent historical returns indicate strong bullish sentiment. Market uncertainty is lower than Helium's forecast, suggesting market confidence.

Bearish Case: Mean reversion tendencies, alongside the higher Helium implied volatility compared to the market, signal potential downside risks. Uncertain economic factors could amplify volatility and pressure prices lower.

Potential Outcomes:

• 50% chance of positive momentum from institutional inflows supporting a gradual upside.
• 30% chance increased volatility leads to downside risks.
• 20% chance of flat price action amid market uncertainty.

Trading Oracle: Implement a bullish debit spread by buying the $177.00 call and selling the $180.00 call with a 28-day outlook. This exploits the implied volatility difference for high reward and potential returns, aligning with the momentum and institutional sentiment. Expected annualized return is substantial, considering historical support levels and recent market conditions.

February 22, 2025