CEIX Forecast


Bullish Case: CEIX's historical returns suggest high upside potential; institutional confidence and a decreasing implied volatility term structure indicate bullish sentiment.


Bearish Case: Ongoing insider selling and a high implied volatility surface suggest potential for negative events, aligning with bearish risk assessments.


Potential Outcomes: Earnings beat: 50%, driving price uptick. Regulatory challenges: 20%, dampening sentiment. Continued insider selling: 20%, causing downward pressure. External market factors: 10%, causing volatility.


Trading Oracle: Utilize a bullish debit spread strategy. Buy September 2024 $105 calls and sell $120 calls. This captures upside potential while minimizing risk, benefiting from moderate IV and institutional support. Optimal holding: ~60 days. High reward:risk, positive edge, high probability-of-profit.


July 18, 2024


Consol Energy Forecast

CEIX      Consol Energy











Correlated Assets

Assets that tend to move strongly with CEIX



LNG Forecast + Options Trading Strategies   LNG  Cheniere Energy (0.65)


LEU Forecast + Options Trading Strategies   LEU  Centrus Energy (0.62)


TDS Forecast + Options Trading Strategies   TDS  Telephone And Data Systems (0.59)


ARLP Forecast + Options Trading Strategies   ARLP  Alliance Resource (0.58)


EQNR Forecast + Options Trading Strategies   EQNR  Equinor ASA - (0.49)



Uncorrelated Assets

Assets with little price relationship to CEIX



CHGG Forecast + Options Trading Strategies   CHGG  Chegg (-0.0)


APA Forecast + Options Trading Strategies   APA  Apache (0.0)


CNQ Forecast + Options Trading Strategies   CNQ  Canadian Natural Resources (0.0)


KMI Forecast + Options Trading Strategies   KMI  Kinder Morgan (-0.0)


CRWD Forecast + Options Trading Strategies   CRWD  Crowdstrike (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against CEIX



CLX Forecast + Options Trading Strategies   CLX  Clorox (-0.71)


ZBH Forecast + Options Trading Strategies   ZBH  Zimmer Biomet (-0.71)


NICE Forecast + Options Trading Strategies   NICE  NICE (-0.72)


AAP Forecast + Options Trading Strategies   AAP  Advance Auto Parts (-0.74)


WYNN Forecast + Options Trading Strategies   WYNN  Wynn Resorts (-0.8)





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