Bullish Case: Volatility backwardation suggests potential price increase. Stable dividend history enhances investor confidence, aligning with mean reversion trends showcased in historical data charts.

Bearish Case: A persistent decline is supported by weak recent price action. Elevated implied volatility and social media discontent underscore continued risk of underperformance amidst regulatory challenges.

Potential Outcomes: 40% chance of moderate price recovery as volatility tapers. 30% probability of continued decline due to regulatory and market pressures. 30% likelihood of stability reflecting balanced market forces.

Trading Oracle: Initiate a bearish credit spread: sell a $95 call and buy a $97.5 call, expiring in 60 days. Leverage current volatility landscape for high-profit probability, benefiting from potential downward price adjustments. This strategy aligns with current market conditions and price action insights.

January 29, 2025