OVV Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: Increased call volume and strategic energy sector moves may boost OVV, with potential expansion into sustainable energy providing optimism in a favorable market environment.




Bearish Case: Despite operational resilience, OVV faces volatility due to geopolitical tensions and fluctuating oil prices. Persistent insider selling and market skepticism over sustainability initiatives could hinder growth.




Potential Outcomes:

1. Continued strategic growth (45%) may lead to market gains.

2. Operational setbacks from natural price instability risk declines (30%).

3. Minimal impact (25%) if geopolitical tensions ease.




Trading Oracle: Implement a Bullish Short Volatility strategy by selling ATM put options and buying OOTM puts. Current high IV and declining prices favor this with potential for premium collection as volatility stabilizes.



March 12, 2025


Ovintiv Forecast

OVV        Ovintiv











Correlated Assets

Assets that tend to move strongly with OVV



PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (0.91)


HES Forecast + Options Trading Strategies   HES  Hess (0.9)


GT Forecast + Options Trading Strategies   GT  Goodyear Tire & Rubber (0.85)


SLB Forecast + Options Trading Strategies   SLB  Schlumberger (0.85)


AAP Forecast + Options Trading Strategies   AAP  Advance Auto Parts (0.84)



Uncorrelated Assets

Assets with little price relationship to OVV



FXE Forecast + Options Trading Strategies   FXE  Invesco CurrencyShares Euro (-0.02)


NTNX Forecast + Options Trading Strategies   NTNX  Nutanix (-0.03)


GTLB Forecast + Options Trading Strategies   GTLB  Gitlab (-0.04)


AZN Forecast + Options Trading Strategies   AZN  Astrazeneca (-0.05)


BHVN Forecast + Options Trading Strategies   BHVN  Biohaven Pharmaceutical (0.05)



Anticorrelated Assets

Assets that tend to move strongly against OVV



SCHH Forecast + Options Trading Strategies   SCHH  Schwab U.S. REIT (-0.78)


VIXY Forecast + Options Trading Strategies   VIXY  ProShares VIX Short-Term Futures (-0.78)


XLP Forecast + Options Trading Strategies   XLP  Consumer Staples Select Sector SPDR (-0.79)


SO Forecast + Options Trading Strategies   SO  Southern (-0.82)


PTGX Forecast + Options Trading Strategies   PTGX  Protagonist Therapeutics (-0.84)









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