TK Forecast


Bullish Case: High tanker rates and dividend stability bolster TK's upside. Trading volume data and AI forecasts show strong potential for gains.


Bearish Case: Price stagnation and mean-reversion tendencies might hamper growth. Threats from declining oil demand and geopolitical instability persist.


Potential Outcomes: Continued high tanker rates (60%): +15% upside. Declining oil demand (25%): -10% downside. Increased geopolitical tensions (15%): +30% upside.


Trading Oracle: Buy Helium long volatility debit spreads on TK. Focus on $7.50 call options expiring 10/18/2024. With a +2.47% AI price forecast and historical price return, this strategy offers a compelling reward:risk ratio for a bullish outlook.


July 16, 2024


Teekay Forecast

TK      Teekay











Correlated Assets

Assets that tend to move strongly with TK



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.76)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.09)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.64)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.78)



Uncorrelated Assets

Assets with little price relationship to TK



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.09)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.64)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.76)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.78)



Anticorrelated Assets

Assets that tend to move strongly against TK



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.76)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.09)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.64)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.78)





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