Predictions for Friday, March 25th 2022
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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, March 25th 2022 (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 and 2 stocks this week is the following:
This week is looking to end up less volatile than the week before, which should be good news for our precision. We anticipate the S&P and the Dow to finish just slightly lower than their Tuesday close.
To that end, we sold the 440/441 to 453/454 SPY 25/03 iron condor (10 contracts) for $460 immediate gain. We didn’t go for any puts this time, given that the predicted direction is likely to end up close to where the markets were yesterday when we made the trades. So neither a call nor a put would earn enough to offset their risk exposure.
Also we sold the 157.5/160 to 175/177.5 AAPL 25/03 iron condor (10 contracts) for $480 immediate gain. Stop-losses are set at 30%.
Our estimated gains are therefore slightly lower this time. If both SPY and AAPL end up within their C.I.s, we will get $700-$800. If not, we lose $300 to $400.
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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