ORA Forecast


Bullish Case: Ormat's strategic partnership with SLB, high institutional ownership, and favorable long-term energy policies strengthen its market position, poised for steady growth.


Bearish Case: Economic headwinds, increased competition, and regulatory challenges could pressure Ormat's profitability and stock price in the short to medium term.


Potential Outcomes: Renewable energy policy boosts market (65%), economic downturn reduces demand (30%), technological advancements introduce competition (20%), acquisitions expand capacity (40%).


Trading Oracle: Deploy a long volatility strategy using debit spreads around mid-range strikes, targeting December expiration. The implied volatility surface indicates high potential for profiting off impending volatility spikes. Bias towards a bullish breakout over the medium-term horizon.


July 18, 2024


Ormat Forecast

ORA      Ormat











Correlated Assets

Assets that tend to move strongly with ORA



VFC Forecast + Options Trading Strategies   VFC  VF (0.44)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.1)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.06)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.02)



Uncorrelated Assets

Assets with little price relationship to ORA



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.02)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.06)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.1)


VFC Forecast + Options Trading Strategies   VFC  VF (0.44)



Anticorrelated Assets

Assets that tend to move strongly against ORA



VFC Forecast + Options Trading Strategies   VFC  VF (0.44)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.1)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.06)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.02)





Become a more profitable investor with AI optimized trading strategies






×

Chat with ORA


 Ask any question about ORA!