ENB Forecast


Bullish Case: ENB's sustained dividend growth and robust cash flow from long-term contracts, combined with strategic expansions in renewable energy, signify strong stability and potential for growth.


Bearish Case: Ongoing legal challenges, environmental pushback, and high debt levels pose significant risks to ENB's financial performance and operational stability.


Potential Outcomes:

1. Successful legal resolutions (30%).

2. Ongoing legal troubles (40%).

3. Robust returns from renewable investments (50%).

4. Financial strain due to debt (60%).


Trading Oracle: Sell near-term $35 puts with a 45-day to expiration outlook. Utilize high implied volatility for strong premiums while Enbridge exhibits stability and consistent dividend payouts. This creates high reward-risk and profit probability.


July 04, 2024


Enbridge Forecast

ENB      Enbridge











Correlated Assets

Assets that tend to move strongly with ENB



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.65)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.19)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.18)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.32)



Uncorrelated Assets

Assets with little price relationship to ENB



VFC Forecast + Options Trading Strategies   VFC  VF (-0.18)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.19)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.32)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.65)



Anticorrelated Assets

Assets that tend to move strongly against ENB



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.65)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.19)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.18)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.32)





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