DTE Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: DTE's investments in renewables and infrastructure improvements can enhance long-term profitability, suggested by consistent historical price recovery trends and high market demand for clean energy.




Bearish Case: Operational challenges and customer dissatisfaction may lead to reputation damage, especially in light of recent outages and negative sentiment, weighing heavily on stock performance.




Potential Outcomes:

1. 55% chance of stock rebound due to positive regulatory developments.

2. 30% chance of stagnation amidst persistent operational issues.

3. 15% risk of decline if regulatory scrutiny intensifies or outages resurface.




Trading Oracle: Focus on bullish short volatility: sell 2 $115 puts, buy 3 $110 puts, targeting near-term recovery. Expect a potential 17% return as DTE stabilizes; high probability of profit and favorable risk-reward metrics support this strategy.



November 08, 2024


DTE Energy Forecast

DTE        DTE Energy











Correlated Assets

Assets that tend to move strongly with DTE



EIX Forecast + Options Trading Strategies   EIX  Edison International (0.96)


EVRG Forecast + Options Trading Strategies   EVRG  Evergy (0.94)


D Forecast + Options Trading Strategies   D  Dominion Energy (0.94)


FE Forecast + Options Trading Strategies   FE  Firstenergy (0.93)


DUK Forecast + Options Trading Strategies   DUK  Duke Energy (0.93)



Uncorrelated Assets

Assets with little price relationship to DTE



AVDL Forecast + Options Trading Strategies   AVDL  Avadel Pharmaceuticals (0.0)


WBS Forecast + Options Trading Strategies   WBS  Webster Financial (-0.0)


TTEK Forecast + Options Trading Strategies   TTEK  Tetra Tech (-0.0)


S Forecast + Options Trading Strategies   S  Sprint (0.0)


VLO Forecast + Options Trading Strategies   VLO  Valero Energy (0.0)



Anticorrelated Assets

Assets that tend to move strongly against DTE



SNOW Forecast + Options Trading Strategies   SNOW  Snowflake (-0.83)


SAVE Forecast + Options Trading Strategies   SAVE  Spirit Airlines (-0.84)


METC Forecast + Options Trading Strategies   METC  Ramaco Resources (-0.84)


PGNY Forecast + Options Trading Strategies   PGNY  Progyny (-0.84)


SAGE Forecast + Options Trading Strategies   SAGE  Sage Therapeutics (-0.85)


DTE News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.










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