MPC Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: MPC shows strong earnings and resilient performance despite market fluctuations. Implied volatility is trending stable, indicating investor confidence. A projected demand increase for oil will likely lead to price appreciation.




Bearish Case: Environmental liabilities remain a significant risk, threatening profitability. Elevated implied volatility suggests market nervousness, and a potential economic downturn could pressure oil prices lower.




Potential Outcomes:
  • Continued growth (55% chance): Strong demand and stable operations.
  • Price decline (30% chance): Environmental incidents impact margins.
  • Stagnation (15% chance): Balancing mixed market signals.




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November 26, 2024


Marathon Petroleum Forecast

MPC        Marathon Petroleum











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LYB Forecast + Options Trading Strategies   LYB  LyondellBasell Industries (0.79)


BNO Forecast + Options Trading Strategies   BNO  United States Commodity Funds LLC - United States Brent Crude Oil (0.76)


SWBI Forecast + Options Trading Strategies   SWBI  Smith & Wesson Brands (0.76)


XOP Forecast + Options Trading Strategies   XOP  SPDR Oil & Gas Exploration and Production (0.74)



Uncorrelated Assets

Assets with little price relationship to MPC



RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.0)


IIPR Forecast + Options Trading Strategies   IIPR  Innovative Industrial Properties (0.0)


LAZ Forecast + Options Trading Strategies   LAZ  Lazard (-0.0)


DOCN Forecast + Options Trading Strategies   DOCN  DigitalOcean (0.0)


MLPX Forecast + Options Trading Strategies   MLPX  Global X Funds - Global X MLP & Energy Infrastructure (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against MPC



APLD Forecast + Options Trading Strategies   APLD  Applied Blockchain (-0.74)


PENN Forecast + Options Trading Strategies   PENN  Penn National Gaming (-0.74)


PTON Forecast + Options Trading Strategies   PTON  Peloton Interactive (-0.76)


CHTR Forecast + Options Trading Strategies   CHTR  Charter Communications (-0.76)


AUPH Forecast + Options Trading Strategies   AUPH  Aurinia Pharmaceuticals (-0.88)









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