WANT Forecast



Price Forecast:


Bearish<—>Bullish




Bullish Case: Strong recent performance suggests sustained upward momentum, supported by favorable consumer sentiment and investment interest leading into earnings, likely pushing prices higher.




Bearish Case: High implied volatility indicates market uncertainty, especially with potential economic downturns and consumer spending hesitance, which could pressurize prices lower.




Potential Outcomes:
  • 40% chance: Continued bullish momentum due to positive economic indicators.
  • 35% chance: High volatility swings driven by market uncertainties.
  • 15% chance: Significant decline due to negative consumer sentiment.
  • 10% chance: Unexpected bullish rally from strong earnings surprises.




Trading Oracle: Consider a bull call spread: buy WANT 56.00 calls, sell 58.00 calls, expiring in 45 days to capitalize on potential gains with manageable risk. The high implied volatility maximizes profit potential while hedging against downside risks. If bearish signals emerge, consider transitioning to credit spreads for protection.



December 04, 2024


Direxion Daily Consumer Discretionary Bull 3X Shares Forecast

WANT        Direxion Daily Consumer Discretionary Bull 3X Shares











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LYV Forecast + Options Trading Strategies   LYV  Live Nation Entertainment (0.82)


CYBR Forecast + Options Trading Strategies   CYBR  CyberArk Software (0.82)



Uncorrelated Assets

Assets with little price relationship to WANT



AMGN Forecast + Options Trading Strategies   AMGN  AMGEN (0.0)


HUMA Forecast + Options Trading Strategies   HUMA  Humacyte (0.01)


RRC Forecast + Options Trading Strategies   RRC  Range Resources (-0.01)


SCCO Forecast + Options Trading Strategies   SCCO  Southern Copper (-0.01)


SRPT Forecast + Options Trading Strategies   SRPT  Sarepta Therapeutics (0.01)



Anticorrelated Assets

Assets that tend to move strongly against WANT



RIG Forecast + Options Trading Strategies   RIG  Transocean (-0.65)


AMN Forecast + Options Trading Strategies   AMN  AMN Healthcare Services (-0.7)


RILY Forecast + Options Trading Strategies   RILY  B. Riley Financial (-0.73)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.74)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.76)


WANT News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.










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