GPOR Forecast


Bullish Case: Strong outlook on mean-reverting returns backed by recent bullish momentum (+0.8% week-over-week) and a 77.9% 2-year increase. Flat term structure suggests limited near-term uncertainty.


Bearish Case: Negative book ratio (-12.9) and recent 4.7% one-month decline suggest downside risk. Put volume surpasses call volume by 14%, indicating bearish sentiment among traders.


Potential Outcomes: Bullish post-earnings rally (+65% YoY EPS) likely (60%). Protracted bearish correction based on macroeconomic uncertainties possible (30%). Sideways movement may occur due to high options volatilities (10%).


Trading Oracle: Consider bullish calendars (debit spreads) on longer-dated calls (165-175 C) to benefit from the mean-reverting price action. Time horizon: 3-4 months. High reward:risk due to low volatility and positive alpha.


June 27, 2024


Gulfport Energy Forecast

GPOR      Gulfport Energy











Correlated Assets

Assets that tend to move strongly with GPOR



AM Forecast + Options Trading Strategies   AM  Antero Midstream (0.94)


CLS Forecast + Options Trading Strategies   CLS  Celestica (0.93)


VNOM Forecast + Options Trading Strategies   VNOM  Viper Energy (0.93)


WSM Forecast + Options Trading Strategies   WSM  Williams-Sonoma (0.93)


VST Forecast + Options Trading Strategies   VST  Vistra (0.93)



Uncorrelated Assets

Assets with little price relationship to GPOR



VRNT Forecast + Options Trading Strategies   VRNT  Verint Systems (0.0)


NXST Forecast + Options Trading Strategies   NXST  Nexstar Media (-0.0)


GPN Forecast + Options Trading Strategies   GPN  Global Payments (0.0)


IONS Forecast + Options Trading Strategies   IONS  Ionis Pharmaceuticals (-0.0)


MNSO Forecast + Options Trading Strategies   MNSO  MINISO Group Holding Ltd (0.0)



Anticorrelated Assets

Assets that tend to move strongly against GPOR



SHLS Forecast + Options Trading Strategies   SHLS  Shoals (-0.9)


NYCB Forecast + Options Trading Strategies   NYCB  New York Community Bancorp (-0.9)


HTZ Forecast + Options Trading Strategies   HTZ  Hertz Global Holdings (-0.91)


MED Forecast + Options Trading Strategies   MED  Medifast (-0.91)


LAZR Forecast + Options Trading Strategies   LAZR  Luminar (-0.93)


GPOR News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.






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