Price Forecast:

Bullish Case: Consolidated Edison shows resilience with a history of stable dividends and strong fundamentals. Upcoming infrastructure investments combined with market sentiment suggest potential upward price adjustment.

Bearish Case: High recent volatility and mixed social sentiment indicate considerable downside risk. Continued mean reversion and regulatory hurdles may pressure the stock further.

Potential Outcomes:

• Price increase (>50% chance): Infrastructure investments positively affect growth.
• Price stagnation (30% chance): Market uncertainty balances bullish and bearish forces.
• Price decline (<20% chance): Regulatory pressures or economic downturn can adversely affect share price.

Trading Oracle: Consider initiating a bearish credit spread by selling a $92.5 call and buying a $95 call, targeting a 30-45 day horizon. This strategy has a high probability of profit given the current volatility landscape and yields positive edge amidst mean-reverting price action. Adjust as events unfold.

December 21, 2024