PTEN Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: Positive drilling trends and strategic acquisitions may drive increased cash flow, indicating potential for modest recovery against low historical performance.




Bearish Case: Persistent low trading volume and high implied volatility suggest market skepticism, with historical underperformance pointing to potential further declines.




Potential Outcomes:
  • 50% chance: Continued price stagnation due to flat term structure.
  • 30% chance: Modest growth from strategic acquisitions boosting cash flow.
  • 20% chance: Price decline due to persistent market skepticism.




Trading Oracle: The Bearish Long Volatility strategy is suitable due to ongoing high implied volatility and potential downside risks. Purchasing OOTM put options limits risk while profiting from volatility spikes.



April 03, 2025


Patterson-UTI Energy Forecast

PTEN        Patterson-UTI Energy











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Anticorrelated Assets

Assets that tend to move strongly against PTEN



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RY Forecast + Options Trading Strategies   RY  Royal Bank Of Canada (-0.73)


TW Forecast + Options Trading Strategies   TW  Tradeweb Markets (-0.74)


FNF Forecast + Options Trading Strategies   FNF  Fidelity National Financial (-0.75)









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