AMR Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: AMR might rebound due to stabilizing oil prices coupled with a bullish investor sentiment reflected in increased trading volume and decreasing market uncertainty. This could instigate a price uplift towards previous highs.




Bearish Case: Continued low trading volumes and high put activity signal potential downward pressure on AMR's price, exacerbated by persistent market uncertainty and negative sentiment surrounding small-cap energy stocks.




Potential Outcomes:
  • 40% probability of stagnation around $210 as no significant catalysts emerge.
  • 30% chance of a rebound to $240 if oil prices rise significantly.
  • 30% chance of a drop towards $200 due to increased put volumes and market volatility.




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December 19, 2024


Alta Mesa Resources Forecast

AMR        Alta Mesa Resources











Correlated Assets

Assets that tend to move strongly with AMR



BEN Forecast + Options Trading Strategies   BEN  Franklin Resources (0.9)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (0.89)


IEP Forecast + Options Trading Strategies   IEP  Icahn (0.89)


ZI Forecast + Options Trading Strategies   ZI  ZoomInfo (0.86)


XRX Forecast + Options Trading Strategies   XRX  Xerox (0.86)



Uncorrelated Assets

Assets with little price relationship to AMR



ZTS Forecast + Options Trading Strategies   ZTS  Zoetis (0.02)


GIII Forecast + Options Trading Strategies   GIII  G-III Apparel (-0.02)


DNN Forecast + Options Trading Strategies   DNN  Denison Mines (0.02)


WPC Forecast + Options Trading Strategies   WPC  W. P. Carey (0.02)


PEP Forecast + Options Trading Strategies   PEP  Pepsico (0.02)



Anticorrelated Assets

Assets that tend to move strongly against AMR



FE Forecast + Options Trading Strategies   FE  Firstenergy (-0.89)


ERJ Forecast + Options Trading Strategies   ERJ  Embraer (-0.89)


VIRT Forecast + Options Trading Strategies   VIRT  Virtu Financial (-0.9)


RTX Forecast + Options Trading Strategies   RTX  Raytheon (-0.9)


FIS Forecast + Options Trading Strategies   FIS  Fidelity National Information Services (-0.9)









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