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 (?)






Correlated Stock Forecasts

Assets that tend to move strongly with STNG



VNOM Forecast + Options Trading Strategies   [VNOM]  Viper Energy (0.94)


FRO Forecast + Options Trading Strategies   [FRO]  Frontline (0.92)


CB Forecast + Options Trading Strategies   [CB]  Chubb (0.92)


TNK Forecast + Options Trading Strategies   [TNK]  Teekay Tankers (0.92)


MPLX Forecast + Options Trading Strategies   [MPLX]  MPLX (0.91)



Uncorrelated Stock Forecasts

Assets with little price relationship to STNG



KHC Forecast + Options Trading Strategies   [KHC]  Kraft Heinz (0.0)


CORT Forecast + Options Trading Strategies   [CORT]  Corcept Therapeutics (-0.0)


OMC Forecast + Options Trading Strategies   [OMC]  Omnicom Group (0.0)


WMT Forecast + Options Trading Strategies   [WMT]  Walmart (-0.0)


LSXMK Forecast + Options Trading Strategies   [LSXMK]  Liberty Media Corp. (Tracking Stock - SiriusXM) Series C (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against STNG



PACB Forecast + Options Trading Strategies   [PACB]  Pacific Biosciences of California (-0.91)


CMP Forecast + Options Trading Strategies   [CMP]  Compass Minerals International (-0.91)


MESO Forecast + Options Trading Strategies   [MESO]  Mesoblast (-0.91)


SLI Forecast + Options Trading Strategies   [SLI]  Standard Lithium (-0.92)


GOGO Forecast + Options Trading Strategies   [GOGO]  Gogo (-0.93)





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