Core Insights - Vistra Corp (NYSE:VST) stock has increased by 0.6% to $198.53, approaching its all-time high of $216.85 from August 5, indicating a potential recovery from a three-day losing streak [1] - The stock is currently supported by the $190 region, and a historically bullish signal suggests that shares may extend their 150.4% gain [1] Technical Analysis - According to Schaeffer's Senior Quantitative Analyst, the recent pullback has brought Vistra stock within one standard deviation of its 50-day moving average, with the stock being above this trendline in 8 of the last 10 trading days and spending 80% of the past two months above it [2] - Historical data shows that similar signals over the last three years resulted in a 75% success rate for the stock being higher one month later, averaging an 8% gain, which could push shares back above $213 [3] Options Market Sentiment - At the International Securities Exchange, Cboe Options Exchange, and NASDAQ OMX PHLX, Vistra's 50-day put/call volume ratio of 1.17 is the highest in the past year, indicating potential for a reversal of pessimism [7] - The current options are considered affordable, with a Schaeffer's Volatility Index (SVI) of 49%, placing it in the 10th percentile of readings from the past year, suggesting it may be a favorable time to invest in VST [7]
Vistra Stock Could Chart Path Back to Record Highs