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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 (0.94)


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


CB Forecast + Options Trading Strategies   CB  Chubb (0.94)


AEO Forecast + Options Trading Strategies   AEO  American Eagle Outfitters (0.93)


MPLX Forecast + Options Trading Strategies   MPLX  MPLX (0.93)



Uncorrelated Stock Forecasts

Assets with little price relationship to STNG



UAA Forecast + Options Trading Strategies   UAA  Under Armour (0.0)


SAVA Forecast + Options Trading Strategies   SAVA  Cassava Sciences (0.0)


COTY Forecast + Options Trading Strategies   COTY  Coty (0.0)


TROW Forecast + Options Trading Strategies   TROW  T. Rowe Price (0.01)


CORT Forecast + Options Trading Strategies   CORT  Corcept Therapeutics (-0.01)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against STNG



LAZR Forecast + Options Trading Strategies   LAZR  Luminar (-0.92)


PRTA Forecast + Options Trading Strategies   PRTA  Prothena (-0.93)


CMP Forecast + Options Trading Strategies   CMP  Compass Minerals International (-0.93)


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


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





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