Bullish Case: STNG's recent dividend hike, share repurchases, and the strong consensus on increasing earnings estimates support a bullish short-term outlook.


Bearish Case: High past appreciation, heavy put volume, and Helium's higher AI implied volatility indicate potential overvaluation and correction risk.


Potential Outcomes: Earnings surprise could drive up STNG (40% chance); a market event may cause a volatility spike (30%); mean-reverting trend may continue (30%).


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April 16, 2024


Scorpio Tankers Forecast

STNG        Scorpio Tankers
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











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FRO Forecast + Options Trading Strategies   FRO  Frontline (0.95)


NTNX Forecast + Options Trading Strategies   NTNX  Nutanix (0.94)


MPLX Forecast + Options Trading Strategies   MPLX  MPLX (0.94)



Uncorrelated Stock Forecasts

Assets with little price relationship to STNG



SIX Forecast + Options Trading Strategies   SIX  Six Flags Entertainment (-0.0)


OXM Forecast + Options Trading Strategies   OXM  Oxford Industries (0.0)


COTY Forecast + Options Trading Strategies   COTY  Coty (-0.0)


DRN Forecast + Options Trading Strategies   DRN  Direxion Real Estate Bull 3x Shares (0.0)


FSK Forecast + Options Trading Strategies   FSK  FS KKR (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against STNG



LIT Forecast + Options Trading Strategies   LIT  Global X Lithium & Battery Tech (-0.93)


PRTA Forecast + Options Trading Strategies   PRTA  Prothena (-0.94)


SPWR Forecast + Options Trading Strategies   SPWR  Sunpower (-0.95)


GOGO Forecast + Options Trading Strategies   GOGO  Gogo (-0.95)


PLL Forecast + Options Trading Strategies   PLL  Piedmont Lithium (-0.95)





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