ENVA Forecast


Bullish Case: ENVA's consistent return history, robust financials, and strong market growth support further price increases.


Bearish Case: Significant insider selling and recent high volatility, along with backwardation in options term structure, indicate potential downside risks.


Potential Outcomes:

1) ENVA outperforms, stock rises: 35%.

2) Meets expectations, minor fluctuations: 20%.

3) Regulatory issues or insider activities affect ENVA, stock falls: 25%.

4) Market downturn impacts ENVA: 20%.


Trading Oracle: Utilize a bearish short volatility strategy by trading a credit spread. Sell a near-term at-the-money call (70 strike) and buy an out-of-the-money call (75 strike), targeting a 30-day expiry. This capitalizes on high implied volatility and historical mean-reverting behavior of ENVA.


July 17, 2024


Enova International Forecast

ENVA      Enova International











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Assets that tend to move strongly against ENVA



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SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.92)





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