OKE Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: OKE's strong historical returns, positive earnings forecasts, and recent acquisitions suggest upward momentum. With a bullish risk 40% higher and calls trading 72% more than puts, investor sentiment leans positive.




Bearish Case: OKE's high price-to-book ratio and backwardation in the term structure imply potential overvaluation or upcoming volatility. Global energy market uncertainties could also impact future performance.




Potential Outcomes:

1. Continued growth from strategic acquisitions (60%).

2. Integration or regulatory hurdles affect profitability (30%).

3. Significant market correction from global factors (10%).




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January 03, 2025


Oneok Forecast

OKE        Oneok











Correlated Assets

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JPM Forecast + Options Trading Strategies   JPM  JPMorgan Chase (0.96)


TT Forecast + Options Trading Strategies   TT  Trane (0.96)


BSX Forecast + Options Trading Strategies   BSX  Boston Scientific (0.96)


VOO Forecast + Options Trading Strategies   VOO  Vanguard S&P 500 (0.95)



Uncorrelated Assets

Assets with little price relationship to OKE



UWMC Forecast + Options Trading Strategies   UWMC  UWM Holdings Corporation (-0.01)


ACN Forecast + Options Trading Strategies   ACN  Accenture (0.01)


CALX Forecast + Options Trading Strategies   CALX  Calix (0.02)


TMO Forecast + Options Trading Strategies   TMO  Thermo Fisher Scientific (0.03)


TMDX Forecast + Options Trading Strategies   TMDX  Transmedics (-0.04)



Anticorrelated Assets

Assets that tend to move strongly against OKE



XRX Forecast + Options Trading Strategies   XRX  Xerox (-0.89)


IEP Forecast + Options Trading Strategies   IEP  Icahn (-0.89)


SHLS Forecast + Options Trading Strategies   SHLS  Shoals (-0.9)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.91)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.91)









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