KEN Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: KEN’s strategic move into renewables, coupled with past price growth and positive sentiment, bolsters a potential upward shift.




Bearish Case: High implied volatility and recent flat price action suggest potential downside with geopolitical and macroeconomic uncertainties.




Potential Outcomes: Stable Market Environment: 40% likelihood; Renewables Growth: 30% (+ price impact); Economic Downturn: 30% (- price impact).




Trading Oracle: Deploy a bullish debit spread targeting a $30.00 strike by July 2025. Focus on KEN’s high implied volatility to capture potential short-term growth. Monitor geopolitical and economic indicators closely.



January 09, 2025


Kenon Forecast

KEN        Kenon











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VGT Forecast + Options Trading Strategies   VGT  Vanguard Information Technology (0.8)


LYV Forecast + Options Trading Strategies   LYV  Live Nation Entertainment (0.79)



Uncorrelated Assets

Assets with little price relationship to KEN



VOD Forecast + Options Trading Strategies   VOD  Vodafone (-0.0)


INTU Forecast + Options Trading Strategies   INTU  Intuit (-0.0)


RVNC Forecast + Options Trading Strategies   RVNC  Revance Therapeutics (-0.0)


ODFL Forecast + Options Trading Strategies   ODFL  Old Dominion Freight Line (0.01)


BLBD Forecast + Options Trading Strategies   BLBD  Blue Bird (0.01)



Anticorrelated Assets

Assets that tend to move strongly against KEN



VSAT Forecast + Options Trading Strategies   VSAT  Viasat (-0.69)


LYB Forecast + Options Trading Strategies   LYB  LyondellBasell Industries (-0.71)


RILY Forecast + Options Trading Strategies   RILY  B. Riley Financial (-0.73)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (-0.73)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.79)









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