EGO Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: EGO shows strong potential with historical price returns indicating likely positive moves, coupled with high implied volatility and increased call volume signaling bullish interest.




Bearish Case: High implied volatility and a flat term structure highlight substantial market uncertainty, with historical return surfaces showing potential downside, raising caution flags.




Potential Outcomes:
  • Price rises above $20: 30%
  • Stabilizes around $19: 50%
  • Price drops below $17: 20%



May 23, 2025


Eldorado Gold Forecast

EGO        Eldorado Gold











Correlated Assets

Assets that tend to move strongly with EGO



FE Forecast + Options Trading Strategies   FE  Firstenergy (0.66)


O Forecast + Options Trading Strategies   O  Realty Income (0.63)


YCL Forecast + Options Trading Strategies   YCL  ProShares Ultra Yen (0.62)


ED Forecast + Options Trading Strategies   ED  Consolidated Edison (0.62)


HCA Forecast + Options Trading Strategies   HCA  HCA Healthcare (0.62)



Uncorrelated Assets

Assets with little price relationship to EGO



CPS Forecast + Options Trading Strategies   CPS  Cooper-Standard (-0.0)


STLD Forecast + Options Trading Strategies   STLD  Steel Dynamics (0.0)


GLNG Forecast + Options Trading Strategies   GLNG  Golar Lng (-0.0)


CF Forecast + Options Trading Strategies   CF  CF Industries (-0.0)


STNG Forecast + Options Trading Strategies   STNG  Scorpio Tankers (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against EGO



DDD Forecast + Options Trading Strategies   DDD  3D Systems (-0.59)


CRSR Forecast + Options Trading Strategies   CRSR  Corsair Gaming (-0.59)


QYLD Forecast + Options Trading Strategies   QYLD  Global X NASDAQ 100 Covered Call (-0.61)


TDOC Forecast + Options Trading Strategies   TDOC  Teladoc Health (-0.61)


UUP Forecast + Options Trading Strategies   UUP  Invesco DB US Dollar Index Bullish (-0.74)









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