Price Forecast:

Bullish Case: Growing foreign investment and increased call trading indicate robust demand, potentially pushing EPI above recent highs. Historical data suggests a high likelihood of continued growth over longer holding periods as indicated in the implied volatility surface.

Bearish Case: Heightened market uncertainties and volatility could lead to corrections, with high put options volume suggesting bearish sentiment. Economic headwinds may negatively impact EPI's performance if volatility continues to rise.

Potential Outcomes:

• 40%: Continued price stagnation due to market uncertainty.
• 30%: Bullish trend spurred by increased foreign investment.
• 30%: Bearish correction if market volatility persists.

Trading Oracle: Engage in a bullish debit spread with EPI 48.00 call options while shorting the 50.00 call to mitigate costs and leverage current market dynamics. This strategy minimizes risk while capitalizing on potential upside from expected market volatility, enhancing probability of success.

December 17, 2024