EIX Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: EIX shows consistent dividend growth and plans to increase load aligned with rising electricity demand, suggesting potential for stock appreciation due to fundamental strength.




Bearish Case: Concerns regarding wildfire claims, regulatory pressures, and potential impact on profit margins create substantial downside risk, which could lead to price declines for EIX.




Potential Outcomes:

1. 60% chance EIX reaches $90+ driven by increased demand.

2. 25% chance of a drop to $75 due to regulatory issues.

3. 15% chance EIX stagnates near $82.5 as uncertainty persists.




Trading Oracle: Engage in a bullish strategy using put credit spreads at $80, capturing premium with a 69% probability of profit. This approach leverages low volatility while positioning for slight price rebounds. Seek to capitalize on positive underlying momentum with a 23% potential return.



October 11, 2024


Edison International Forecast

EIX        Edison International











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D Forecast + Options Trading Strategies   D  Dominion Energy (0.96)


SPHD Forecast + Options Trading Strategies   SPHD  Invesco S&P 500 High Dividend Low Vol (0.96)



Uncorrelated Assets

Assets with little price relationship to EIX



NEP Forecast + Options Trading Strategies   NEP  NextEra Energy (0.0)


CLW Forecast + Options Trading Strategies   CLW  Clearwater Paper (-0.0)


SIG Forecast + Options Trading Strategies   SIG  Signet Jewelers (-0.0)


SVIX Forecast + Options Trading Strategies   SVIX  VS Trust - 1x Short VIX Futures (-0.0)


W Forecast + Options Trading Strategies   W  Wayfair (0.0)



Anticorrelated Assets

Assets that tend to move strongly against EIX



SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.85)


MED Forecast + Options Trading Strategies   MED  Medifast (-0.85)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.86)


TDC Forecast + Options Trading Strategies   TDC  Teradata (-0.87)


DUST Forecast + Options Trading Strategies   DUST  Direxion Daily Gold Miners Index Bear 2X S (-0.92)









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