Predictions for Friday, December 17th 2021

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Our weekly predictions are here, available exclusively to our subscribers (competition participants get it a day and a half earlier if they leave their email), for Friday, December 17th 2021 (4pm EST; at market close). Keep in mind that our accuracy is much better for low volatility assets, so interpret the predictions with caution. For an overview of our accuracy thus far, see here.

Our estimate for the Friday close for our 5 major indicators this week is the following:

Yesterday’s rally, after the FOMC meeting, already surpassed our targets for the week, at least for the S&P and the Dow. Good for anyone buying calls yesterday morning, as we have :)

We bought the standard 2 SPY 17/12 calls at 457 strike (cost us around $1200), and given the rally, we are certain to earn over $1000 profit, perhaps even $2000 for this week, just from those calls alone.

We also bought the iron condor for the SPY 17/12 at 462/463 to 472/473. Mind you, we bought this yesterday morning when the SPY was at 461, so we made an immediate $650 profit. However, if the rally continues and breaks the upper boundary of 472 (which it very well could), we’ll lose $400 (limiting this to $200 when/if it breaks). But given the call hedge, we’ll looking at another very profitable week for the BASON.

In addition to the SPY strategies, we continued by buying AAPL calls (our 9/9 stock prediction). We bought 2 AAPL 17/12 calls at 172 strike for $1000, and as the stock continues its growth above our target, we’re looking at doubling that investment, and getting at least $800 profit on it. Looking to be a great week indeed!

The other 3 stocks are also predicted to end up slightly higher than their Tuesday open.

DISCLAIMER: This prediction survey is still in its testing phase. Neither the survey nor its results act as investment advice of any kind, nor should they be considered as such. The results of the survey need not correspond to actual market preferences or trends, so they should be interpreted with caution. Oraclum bears no responsibility for your investment choices based on these predictions.

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