TRGP Forecast + Trading Strategies


Bullish Case: Targa Resources shows strong historical returns and a moderate bullish forecast. Lower helium implied volatility compared to market suggests undervaluation. Institutional investment and high call options volume indicate confidence.


Bearish Case: Market implied volatility is higher than helium implied volatility, indicating market pessimism. Significant insider sales and trading at a high valuation could lead to a pullback. Legal challenges and premium valuation pose risks.


Potential Outcomes: Maintain volume levels (40%), volume decline (60%). Predictions based on historical performance, current trading volumes, implied volatilities, and legal challenges.


Trading Oracle: Execute a bullish long volatility strategy with TRGP by buying 1 $130 call and selling 1 $135 call expiring in ~24 days. Leverage helium's positive edge and high annual return. Suitable for a high-return risk profile.


June 27, 2024


Targa Resources Forecast

TRGP      Targa Resources











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Uncorrelated Assets

Assets with little price relationship to TRGP



AES Forecast + Options Trading Strategies   AES  AES (-0.0)


EH Forecast + Options Trading Strategies   EH  EHang Holdings Ltd - (-0.0)


RXRX Forecast + Options Trading Strategies   RXRX  Recursion Pharmaceuticals (-0.0)


VCLT Forecast + Options Trading Strategies   VCLT  Vanguard Long-Term Corporate Bond (-0.0)


CF Forecast + Options Trading Strategies   CF  CF Industries (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against TRGP



PERI Forecast + Options Trading Strategies   PERI  Perion Network (-0.86)


LAZR Forecast + Options Trading Strategies   LAZR  Luminar (-0.86)


HTZ Forecast + Options Trading Strategies   HTZ  Hertz Global Holdings (-0.86)


MED Forecast + Options Trading Strategies   MED  Medifast (-0.87)


LEG Forecast + Options Trading Strategies   LEG  Leggett & Platt (-0.87)





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