RIG Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: Transocean's growing contract backlog and elevated call option volumes suggest potential revenue growth, fostering optimism amidst the offshore drilling recovery.




Bearish Case: Persistent high debt and volatility, along with declining prices, cloud financial stability, raising concerns over future viability amidst regulatory pressures.




Potential Outcomes: Rising backlog enhances growth potential (40%), but debt stress may limit upside (35%). Volatility from earnings announcements is likely (25%), possibly impacting investor sentiment.



April 22, 2025


Transocean Forecast

RIG        Transocean











Correlated Assets

Assets that tend to move strongly with RIG



GES Forecast + Options Trading Strategies   GES  Guess (0.96)


RCKT Forecast + Options Trading Strategies   RCKT  Rocket Pharmaceuticals (0.94)


ATKR Forecast + Options Trading Strategies   ATKR  Atkore (0.94)


TDW Forecast + Options Trading Strategies   TDW  Tidewater Inc. - New (0.93)


COTY Forecast + Options Trading Strategies   COTY  Coty (0.93)



Uncorrelated Assets

Assets with little price relationship to RIG



FLR Forecast + Options Trading Strategies   FLR  Fluor (-0.01)


UNH Forecast + Options Trading Strategies   UNH  Unitedhealth (-0.01)


ZETA Forecast + Options Trading Strategies   ZETA  Zeta Global Holdings Corp (-0.02)


HL Forecast + Options Trading Strategies   HL  Hecla Mining (-0.02)


YCL Forecast + Options Trading Strategies   YCL  ProShares Ultra Yen (-0.04)



Anticorrelated Assets

Assets that tend to move strongly against RIG



ORI Forecast + Options Trading Strategies   ORI  Old Republic International (-0.84)


RKLB Forecast + Options Trading Strategies   RKLB  Rocket Lab USA (-0.84)


CHWY Forecast + Options Trading Strategies   CHWY  Chewy (-0.84)


VNET Forecast + Options Trading Strategies   VNET  VNET (-0.89)


ORLY Forecast + Options Trading Strategies   ORLY  O'Reilly Automotive (-0.91)









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