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DK Forecast



Price Forecast:


Bearish   <->   Bullish



Bullish Case: A recovery in oil prices coupled with successful sustainability initiatives could lead to significant upward momentum for DK, supported by high institutional interest and nearing positive earnings reports.



Bearish Case: Persisting institutional sell-offs alongside disappointing earnings results could exert downward pressure on DK's stock price, leading to further declines towards the $16-$18 range.



Potential Outcomes:
  • 30% chance of strong Q4 earnings, enhancing market confidence.
  • 40% chance of continued institutional selling, driving prices lower.
  • 30% chance of sustainability project advancements boosting prices.



Trading Oracle: Consider implementing a bullish debit spread by buying DK 01/17/2025 $20 calls and selling $25 calls. Current high implied volatility supports premium collection while targeting upside potential, effectively capitalizing on anticipated positive momentum with manageable risk. Focus on capturing gains in the mid-term.


December 05, 2024


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DK        Delek US

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BLMN Forecast + Options Trading Strategies   BLMN  Bloomin Brands (0.88)



Uncorrelated Assets

Assets with little price relationship to DK


COIN Forecast + Options Trading Strategies   COIN  Coinbase (-0.0)


DNN Forecast + Options Trading Strategies   DNN  Denison Mines (0.01)


RETL Forecast + Options Trading Strategies   RETL  Direxion Daily Retail Bull 3x Shares (-0.01)


ADBE Forecast + Options Trading Strategies   ADBE  Adobe (-0.01)


TCMD Forecast + Options Trading Strategies   TCMD  Tactile Systems Technology (0.02)



Anticorrelated Assets

Assets that tend to move strongly against DK


CWAN Forecast + Options Trading Strategies   CWAN  Clearwater Analytics Holdings (-0.85)


EXR Forecast + Options Trading Strategies   EXR  Extra Space Storage (-0.85)


APD Forecast + Options Trading Strategies   APD  Air Products & Chemicals (-0.86)


SPGI Forecast + Options Trading Strategies   SPGI  S&P Global (-0.86)


SRE Forecast + Options Trading Strategies   SRE  Sempra Energy (-0.86)







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