CLNE Forecast + Trading Strategies


Bullish Case: CLNE's bullish potential is fueled by increasing demand for renewable natural gas (RNG), regulatory support, and strategic partnerships which could enhance revenue and profitability, particularly as infrastructure expands.




Bearish Case: Continued profitability challenges and heightened competition from alternative fuels may limit CLNE's upside. Low historical returns and high implied volatility signal investor skepticism.




Potential Outcomes:

1. RNG demand growth boosts revenue (60%);

2. Regulatory support enhances profitability (20%);

3. Competition continues to pressure margins (15%);

4. Unforeseen operational issues (5%).




Trading Oracle: Consider initiating a bullish debit spread using CLNE 12/20/2024 3.00 C and 4.00 C options. With elevated implied volatility and potential for positive momentum from RNG developments, this strategy balances risk with upside potential.



November 03, 2024


Clean Energy Fuels Forecast

CLNE        Clean Energy Fuels











Correlated Assets

Assets that tend to move strongly with CLNE



AUPH Forecast + Options Trading Strategies   AUPH  Aurinia Pharmaceuticals (0.83)


AMPH Forecast + Options Trading Strategies   AMPH  Amphastar Pharmaceuticals (0.83)


EXTR Forecast + Options Trading Strategies   EXTR  Extreme Networks (0.79)


FWRD Forecast + Options Trading Strategies   FWRD  Forward Air (0.78)


VLY Forecast + Options Trading Strategies   VLY  Valley National Bancorp (0.77)



Uncorrelated Assets

Assets with little price relationship to CLNE



ACM Forecast + Options Trading Strategies   ACM  AECOM (-0.0)


BAX Forecast + Options Trading Strategies   BAX  Baxter International (-0.0)


CXM Forecast + Options Trading Strategies   CXM  Sprinklr (0.0)


NLY Forecast + Options Trading Strategies   NLY  Annaly (0.0)


DHI Forecast + Options Trading Strategies   DHI  D.R. Horton (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against CLNE



AL Forecast + Options Trading Strategies   AL  Air Lease Corp (-0.74)


CNM Forecast + Options Trading Strategies   CNM  Core & Main (-0.74)


FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (-0.75)


BNO Forecast + Options Trading Strategies   BNO  United States Commodity Funds LLC - United States Brent Crude Oil (-0.76)


VLO Forecast + Options Trading Strategies   VLO  Valero Energy (-0.8)









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