WANT Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: WANT's strong historical returns and moderate implied volatility may signal potential gains. Current pricing shows 123.8% increase over two years, indicating supported momentum.




Bearish Case: High implied volatility suggests market uncertainty. Recent flat price action and increased put volume reflect potential downside risk.




Potential Outcomes: 40% moderate growth, 40% volatility swings, 20% decline due to bearish pressures. Monitor external economic and geopolitical factors.




Trading Oracle: Implement bull put spreads at $53/$50 expiring in 45 days. Capture elevated implied volatility premiums, aligning with historical return trends favoring long vol strategies. Neutral to slightly bullish stance with high probability of profit and favorable reward:risk.



February 16, 2025


Direxion Daily Consumer Discretionary Bull 3X Shares Forecast

WANT        Direxion Daily Consumer Discretionary Bull 3X Shares











Correlated Assets

Assets that tend to move strongly with WANT



XLY Forecast + Options Trading Strategies   XLY  Active Trust - Consumer Discretionary Select Sector SPDR (0.99)


IWP Forecast + Options Trading Strategies   IWP  BlackRock Institutional Trust Company N.A. - iShares Russell Mid-Cap Growth (0.94)


SSO Forecast + Options Trading Strategies   SSO  ProShares Ultra S&P500 (0.9)


WH Forecast + Options Trading Strategies   WH  Wyndham Hotels & Resorts (0.9)


LYV Forecast + Options Trading Strategies   LYV  Live Nation Entertainment (0.9)



Uncorrelated Assets

Assets with little price relationship to WANT



ESTC Forecast + Options Trading Strategies   ESTC  Elastic (-0.0)


USAC Forecast + Options Trading Strategies   USAC  USA Compression (0.0)


LLY Forecast + Options Trading Strategies   LLY  Lilly(Eli) (0.0)


ATI Forecast + Options Trading Strategies   ATI  Allegheny (0.0)


DNN Forecast + Options Trading Strategies   DNN  Denison Mines (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against WANT



OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (-0.8)


GES Forecast + Options Trading Strategies   GES  Guess (-0.81)


AMN Forecast + Options Trading Strategies   AMN  AMN Healthcare Services (-0.82)


DVN Forecast + Options Trading Strategies   DVN  Devon Energy (-0.83)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.89)









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