SU Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: Suncor's shift towards sustainability and market positioning could drive long-term growth, supported by stable oil prices and strategic investments.




Bearish Case: Environmental liabilities and regulatory scrutiny pose significant risks, compounded by historical mean-reverting price behavior and market volatility.




Potential Outcomes: Likely outcomes: oil price rise supports growth (55%), regulatory hits drop prices (35%), stable market sustains current levels (10%).




Trading Oracle: Trade a bearish short-term debit spread. Buy $34 puts and sell $33 puts expiring in ~21 days. High edge: 688%, high volatility suggests potential downward movement. Capitalizes on heightened put activity and Helium odds favoring downside action. Tight risk management advised.



December 24, 2024


Suncor Energy Forecast

SU        Suncor Energy











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NRG Forecast + Options Trading Strategies   NRG  NRG Energy (0.65)


VIST Forecast + Options Trading Strategies   VIST  Vista Oil & Gas Sab De Cv (0.65)


PI Forecast + Options Trading Strategies   PI  Impinj (0.63)


DAVE Forecast + Options Trading Strategies   DAVE  Dave (0.63)


DFEN Forecast + Options Trading Strategies   DFEN  Direxion Daily Aerospace & Defense Bull 3X Shares (0.63)



Uncorrelated Assets

Assets with little price relationship to SU



VAL Forecast + Options Trading Strategies   VAL  Valaris (-0.0)


COMM Forecast + Options Trading Strategies   COMM  CommScope (0.0)


ETR Forecast + Options Trading Strategies   ETR  Entergy (-0.0)


OLED Forecast + Options Trading Strategies   OLED  Universal Display (0.0)


ASML Forecast + Options Trading Strategies   ASML  New York Shares (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against SU



IRTC Forecast + Options Trading Strategies   IRTC  iRhythm (-0.53)


SONY Forecast + Options Trading Strategies   SONY  Sony Group Corporation (-0.53)


BCE Forecast + Options Trading Strategies   BCE  BCE (-0.53)


APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.54)


GL Forecast + Options Trading Strategies   GL  Globe Life (-0.55)









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