NJR Forecast


Bullish Case: NJR's stability, strategic moves in clean energy, and a solid dividend history position it well for modest long-term gains.


Bearish Case: Continuous lackluster returns, high volatility, and recent insider selling signal potential downside risks and sentiment issues.


Potential Outcomes:

1. (65%) Flat trading continues amidst dividend stability (epistemic updates based on higher likelihood from historical trend).

2. (25%) Slight decline due to bearish sentiment and volatility.

3. (10%) Modest rise driven by strategic initiatives.


Trading Oracle: Initiate bearish credit call spreads near $45 expiration in August 2024 (Helium Short Volatility). The strategy leverages current high implied volatility, aligning with dominant bearish sentiment. Focus on 45-day horizon to maximize premium decay. This approach delivers a high reward:risk and high probability-of-profit.


June 25, 2024


New Jersey Resources Forecast

NJR      New Jersey Resources











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Uncorrelated Assets

Assets with little price relationship to NJR



NUE Forecast + Options Trading Strategies   NUE  Nucor (-0.0)


SPYG Forecast + Options Trading Strategies   SPYG  SPDR Portfolio S&P 500 Growth (-0.0)


SOXX Forecast + Options Trading Strategies   SOXX  BTC iShares PHLX Semicond (0.0)


BLDR Forecast + Options Trading Strategies   BLDR  Builders Firstsource (-0.0)


MSM Forecast + Options Trading Strategies   MSM  MSC Industrial Direct Co. (0.0)



Anticorrelated Assets

Assets that tend to move strongly against NJR



HMC Forecast + Options Trading Strategies   HMC  Honda Motor (-0.44)


DUST Forecast + Options Trading Strategies   DUST  Direxion Daily Gold Miners Index Bear 2X S (-0.44)


J Forecast + Options Trading Strategies   J  Jacobs Engineering Group (-0.44)


GRPN Forecast + Options Trading Strategies   GRPN  Groupon (-0.45)


TBT Forecast + Options Trading Strategies   TBT  PowerShares UltraShort Lehman 20+ Yea (-0.47)





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