EQNR Forecast + Trading Strategies


Bullish Case: Investment in gas infrastructure, AI's slightly neutral forecast, and high trading volume in calls suggest potential upward pressure to mean revert towards historical levels.


Bearish Case: Persistent downtrend in historical data, flat term structure, and recent sell-off from institutional investors indicate continued negative sentiment.


Potential Outcomes:

1. Mean reversion leads to price recovery: 30%.

2. Downward continuation: 35%.

3. Neutral trend persists: 35% based on flat volatility and recent price action.


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July 10, 2024


Equinor ASA - Forecast

EQNR      Equinor ASA -











Correlated Assets

Assets that tend to move strongly with EQNR



BOIL Forecast + Options Trading Strategies   BOIL  ProShares Ultra Bloomberg Natural Gas (0.83)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (0.83)


FLNG Forecast + Options Trading Strategies   FLNG  Flex Lng (0.82)


HUM Forecast + Options Trading Strategies   HUM  Humana (0.82)


SOYB Forecast + Options Trading Strategies   SOYB  Teucrium Soybean (0.8)



Uncorrelated Assets

Assets with little price relationship to EQNR



BALY Forecast + Options Trading Strategies   BALY  Ballys (-0.0)


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


RUN Forecast + Options Trading Strategies   RUN  Sunrun (-0.0)


KLIC Forecast + Options Trading Strategies   KLIC  Kulicke & Soffa Industries (0.0)


ILMN Forecast + Options Trading Strategies   ILMN  Illumina (0.01)



Anticorrelated Assets

Assets that tend to move strongly against EQNR



CURE Forecast + Options Trading Strategies   CURE  Direxion Daily Healthcare Bull 3X Shares (-0.88)


MAS Forecast + Options Trading Strategies   MAS  Masco (-0.88)


SPIR Forecast + Options Trading Strategies   SPIR  Spire (-0.88)


SCI Forecast + Options Trading Strategies   SCI  Service Corp. International (-0.88)


FROG Forecast + Options Trading Strategies   FROG  JFrog (-0.89)





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