EVRI Forecast


Bullish Case: Insider buying signals positive sentiment, and historical data shows significant likelihood of returns with 1-2 year holding periods. Recent market sentiment and options activity favor bullish moves.


Bearish Case: Volatile option implied volatility (IV) and significant downward price changes over past years suggest caution. Challenges include regulatory headwinds and economic uncertainties.


Potential Outcomes:

1. Tech breakthroughs improve profitability: 30%.

2. Regulatory changes introduce risks: 20%.

3. Insider buying reflects growth potential: 20%.

4. Broader market downturn affects EVRI: 30%.


Trading Oracle: Trade debit spreads with a bullish outlook. Opt for two-month strikes around $10.00 to capture potential upward shifts amidst the favorable sentiment from insider buys and historical return surfaces. Anticipate market volatility and hedge accordingly.


July 19, 2024


Everi Forecast

EVRI      Everi











Correlated Assets

Assets that tend to move strongly with EVRI



VFC Forecast + Options Trading Strategies   VFC  VF (0.83)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.83)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.39)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.82)



Uncorrelated Assets

Assets with little price relationship to EVRI



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.39)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.82)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.83)


VFC Forecast + Options Trading Strategies   VFC  VF (0.83)



Anticorrelated Assets

Assets that tend to move strongly against EVRI



VFC Forecast + Options Trading Strategies   VFC  VF (0.83)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.83)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.39)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.82)





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