PDS Forecast


Bullish Case: PDS's current momentum, high investor interest, and recent outperformances suggest a high likelihood of further price increases.


Bearish Case: Volatile market conditions and recent downgrades by analysts indicate potential downsides. High implied volatility also suggests notable risk.


Potential Outcomes: 60% chance of continued gains based on historical returns, 30% stagnation, and 10% significant decline due to market uncertainty and geopolitical events.


Trading Oracle: Execute bullish Helium Long Volatility debit spreads with strikes at 70/75 expiring 09/20/2024. High implied vol suggests a breakout; target 90 days for gains. This strategy provides high reward:risk and a strong edge.


July 17, 2024


Precision Drilling Forecast

PDS      Precision Drilling











Correlated Assets

Assets that tend to move strongly with PDS



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.87)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.55)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.42)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.5)



Uncorrelated Assets

Assets with little price relationship to PDS



LI Forecast + Options Trading Strategies   LI  Li Auto (-0.42)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.5)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.55)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.87)



Anticorrelated Assets

Assets that tend to move strongly against PDS



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.87)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.55)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.42)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.5)





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