EVRG Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Increasing infrastructure investments and potential regulatory approvals suggest stable revenue growth. Strong recent price action paired with high call volumes signals positive sentiment, potentially leading to a breakout above the current price levels.




Bearish Case: Persistent operational challenges and elevated implied volatility indicate heightened market uncertainty. Continued dissatisfaction from rate hikes may lead to customer attrition and negatively impact revenue, risking further price depreciation.




Potential Outcomes:

1. 40%: Rate increases approved, stabilizing revenue.


2. 35%: Operational issues persist, affecting customer retention.


3. 25%: Infrastructure investments yield positive growth but face backlash.




Trading Oracle: Consider using a bullish debit spread by buying the EVRG $62.5 call and selling the $65.0 call, targeting the December expiry. The current volatility landscape offers a favorable risk/reward, with Helium odds of profit at 52%, presenting significant upside potential with controlled risk.



November 21, 2024


Evergy Forecast

EVRG        Evergy











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