Bullish Case: ASC's strategic fleet operations and positive environmental initiatives may sustain growth. Despite adverse past performance, strategic market positioning and favorable long-term outlook offer resilience against short-term volatility.

Bearish Case: ASC faces pressure from declining stock prices and increased economic uncertainties. Historical returns suggest a low likelihood of significant gains, while volatility and fluctuating oil prices exacerbate potential risks.

Potential Outcomes:

• 30% chance of 15% rise driven by fleet strategy and sustainability initiatives.
• 50% chance of continued stagnation as economic uncertainties prevail.
• 20% chance of 10% drop due to market volatility and declining oil demand.

Trading Oracle:

Execute Bullish Long Volatility by purchasing more $7.5 strike calls and selling fewer $10.0 calls. This strategy capitalizes on current implied volatility and moderately bullish long-term outlook, minimizing downside with lucrative upside potential.

April 18, 2025