(JULZ) Trueshares Structured - Ratings and Ratios

The Trueshares Structured Outcome (July) ETF (BATS:JULZ) is an actively-managed exchange-traded fund that employs a unique options-based strategy to achieve its investment objective. By investing substantially all of its assets in options on the S&P 500 Price Index, the fund aims to capitalize on the performance of the underlying index while managing risk through a combination of call and put options.

The funds investment strategy involves purchasing call options and selling put options on the S&P 500 Price Index or an ETF that tracks the indexs performance on each Initial Investment Day, with an expiration date set on the next Roll Date. This approach allows the fund to potentially benefit from upside movements in the S&P 500 while capping potential losses. The defined outcome category of the ETF suggests that it is designed to provide a specific risk-return profile, which may appeal to investors seeking to manage their exposure to the broader market.

Analyzing the available , we observe that JULZ has demonstrated a relatively stable price movement, with a last price of 41.95 and an average true range (ATR) of 0.58, indicating a daily price volatility of 1.39%. The short-term and long-term moving averages (SMA20: 40.42, SMA50: 39.89, SMA200: 40.98) suggest a generally positive trend, with the short-term averages above the long-term average. Considering the , the funds assets under management (AUM) stand at 45.96M USD, indicating a moderate level of investor interest.

Based on the available data, a forecast for JULZ can be constructed. Given the current technical indicators and fundamental data, it is likely that JULZ will continue to track the performance of the S&P 500 Price Index, with some degree of volatility management. If the S&P 500 continues to trend upwards, JULZs call options are likely to increase in value, potentially driving the funds price higher. Conversely, if the index experiences a downturn, the funds put options may help mitigate losses. Assuming a moderate level of market volatility, we can expect JULZ to trade within a range of 40-45 in the near term, with a potential target price of 43.11 (52W High) if the S&P 500 continues to rise. However, a decline below 39.89 (SMA50) could signal a potential reversal, warranting a reevaluation of the investment thesis.