EVH Forecast


Bullish Case: EVH showing a recent 13.7% increase over the last week signals potential strength. Analyst upgrades and institutional buying indicate longer-term confidence.


Bearish Case: EVH's backwardation in options term structure and flat recent price action suggest prevailing uncertainty and potential for a bearish outlook in the near term.


Potential Outcomes:

1. Continued Institutional Buying (40%) - Drives price higher.

2. Sector trends lead to stabilization (35%) - Slow recovery.

3. Large-scale Investor Sell-off (25%) - Further decline.


Trading Oracle: Use debit spreads (Helium Long Volatility) on EVH January 2025 22.50 C: buy. Target bullish despite high implied volatility. Given current backwardation & recent positive price momentum, profit from potential next few month price rebound.


July 17, 2024


Evolent Health Forecast

EVH      Evolent Health











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SPT Forecast + Options Trading Strategies   SPT  Sprout Social (0.87)


EPAM Forecast + Options Trading Strategies   EPAM  EPAM Systems (0.86)


CVS Forecast + Options Trading Strategies   CVS  CVS Health (0.86)


LSXMA Forecast + Options Trading Strategies   LSXMA  Liberty Media Corp. (Tracking Stock - SiriusXM) Series (0.85)



Uncorrelated Assets

Assets with little price relationship to EVH



HUT Forecast + Options Trading Strategies   HUT  Hut 8 Mining (-0.0)


NOV Forecast + Options Trading Strategies   NOV  NOV (0.0)


IR Forecast + Options Trading Strategies   IR  Ingersoll-Rand (-0.0)


UWMC Forecast + Options Trading Strategies   UWMC  UWM Holdings Corporation (-0.0)


NDAQ Forecast + Options Trading Strategies   NDAQ  Nasdaq (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against EVH



PAYO Forecast + Options Trading Strategies   PAYO  Payoneer (-0.7)


BILI Forecast + Options Trading Strategies   BILI  Bilibili (-0.73)


SPXU Forecast + Options Trading Strategies   SPXU  ProShares UltraPro Short S&P 500 (-0.76)


QID Forecast + Options Trading Strategies   QID  ProShares UltraShort QQQ (-0.76)


NVAX Forecast + Options Trading Strategies   NVAX  Novavax (-0.78)





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