Inside the Trading Room
The latest and greatest news, articles and thoughts from the Sporttrade team.
October 19th, 2022
Weekly Market Watch: Trading the Future
We can’t predict the future, but we can trade on it!
Let’s take a closer look at each market as of October to see the blue chip favorites, some value teams, and a couple small cap longshots.
🏈 NFL SB Winner: With their road victory over Kansas City, the Bills are the clear favorite to win it all, trading at $24 per contract. There’s some value in last year’s Super Bowl participants with the Rams ($4) and Bengals ($3) both trading at single digits. As for longshots, the Giants and Jets both have strong records but are trading at $1.6 and $1.3 respectively. Lots of potential to see teams rise in value, if they are playoff contenders, and then sell in January.
⚾️ MLB World Series Winner: After sweeping the Mariners, the Astros are massive favorites at $38.5 per contract. After that, take your pick among the remaining three squads (Phillies, Yankees, and Padres) who are all trading at between $25.5 and $16. With the Astros so heavily favored, they present a shorting opportunity as well if you’d like to buy the field.
🏀 NBA Championship Winner: The defending champion Warriors opened the season as the favorites on Sporttrade, trading at $13.50. Look for value in the Denver Nuggets ($6) and Memphis Grizzlies ($4), who sport two of the best offenses in the NBA. As a longshot, the Atlanta Hawks ($2) are just two seasons removed from a surprise trip to the Eastern Conference Finals and acquired Dejonte Murray to team up with Trae Young. If the pairing clicks quickly, they could be fast risers in the East.
🏒 NHL Stanley Cup Champion: The Colorado Avalanche open the year up as favorites to defend their Stanley Cup title, trading at $18 per contract. After a great run to the Eastern Conference Finals with one of the best goalkeepers in the game, the New York Rangers present some value at just $5.5 per contract. If you’re looking for a longshot, the New Jersey Devils are priced at just $1.5 and sport a plucky young team led by Jack Hughes and an up-and-coming roster.
⚽️ World Cup Champions: The Winter World Cup is nearly upon us. The favorite on Sporttrade is Brazil ($18.5), which is looking to become the first non-European squad to win it all since 2002 when they won it last. Germany always has a strong chance to contend and presents some value at $8.5 per contract on Sporttrade. If you want to wager on a Cinderella, the United States are trading at just $0.6. If they can make it out of the Group Stage, the value could jump up quickly.
Introducing Futures on Sporttrade! Where you can trade in and out of Futures positions whenever you want.