IEP Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: The recent increase in call option volume suggests optimism and potential for strategic restructuring by Icahn, possibly boosting IEP's price.




Bearish Case: High implied volatility indicates market uncertainty about IEP's future, coupled with ongoing legal challenges and declining historical returns, signaling potential downside risk.




Potential Outcomes: IEP recovery due to activist restructuring (25%), persistent legal challenges hindering progress (40%), continued stagnation (35%).




Trading Oracle: Utilize a Bullish Long Volatility strategy by buying $12.5 calls and selling $20 calls. This capitalizes on call volume surge and possible restructuring upside: Bullish Long Volatility.



March 05, 2025


Icahn Forecast

IEP        Icahn











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DOW Forecast + Options Trading Strategies   DOW  Dow (0.93)



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PHM Forecast + Options Trading Strategies   PHM  PulteGroup (-0.0)


LHX Forecast + Options Trading Strategies   LHX  L3Harris (-0.0)


TSN Forecast + Options Trading Strategies   TSN  Tyson Foods (0.01)


APPF Forecast + Options Trading Strategies   APPF  Appfolio (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against IEP



SAP Forecast + Options Trading Strategies   SAP  Sap SE (-0.91)


ONON Forecast + Options Trading Strategies   ONON  On (-0.91)


CHWY Forecast + Options Trading Strategies   CHWY  Chewy (-0.91)


ALLT Forecast + Options Trading Strategies   ALLT  Allot (-0.91)


VIRT Forecast + Options Trading Strategies   VIRT  Virtu Financial (-0.92)









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