Bullish Case: RIGS may appreciate as regulatory support for electric vehicles escalates, potentially unlocking demand for associated technologies and infrastructure. Positive shifts in market sentiment could reverse the historical flat trend, leading to price recovery.

Bearish Case: Ongoing delivery delays in electric truck rollouts and geopolitical tensions may further dampen investor confidence, potentially exacerbating the historical flat price action and leading to negative returns over the next few years.

Potential Outcomes:

• Regulatory support for EVs (20%)
• Continued delivery delays (30%)
• Geopolitical tensions affecting oil prices (10%)
• Breakthroughs in alternative energy tech (15%)
• Persisting flat price trend (25%)

Trading Oracle: Implement a credit spread strategy targeting a neutral to bearish outlook. Given RIGS's recent stability, shorting volatility via near-term options can effectively capitalize on low movement predictions, optimizing profitability in a stable trading environment.

November 30, 2024