HE Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: HE could surge as ongoing legal issues are resolved, attracting institutional investors. This potential recovery is supported by improving fundamentals and strong dividend yield.




Bearish Case: Continued investor skepticism may drive HE lower due to unresolved legal issues, leading to further price depreciation amidst high implied volatility.




Potential Outcomes:

1. (40%) Legal issues resolved, leading to price recovery.

2. (30%) Continued bearish sentiment pushes price lower.

3. (20%) Unexpected positive catalyst boosts confidence.

4. (10%) Market downturn exacerbates existing challenges.




Trading Oracle: Initiate a bullish debit spread by buying the HE $10.50 call and selling the $11.50 call, optimizing for high implied volatility. Target a 30-day expiration to capitalize on potential price recovery while managing downside risk. This offers a high reward-risk ratio with a strong likelihood of profit.



November 15, 2024


Hawaiian Electric Industries Forecast

HE        Hawaiian Electric Industries











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Anticorrelated Assets

Assets that tend to move strongly against HE



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