Vistra: Growth And Profitability Tailwinds Meet Bullish Market Positioning

Vistra is a quality growth and profitability play, not a deep-value bargain, with strong fundamentals and sector-leading efficiency supporting its fair valuation. Options and market positioning are bullish, with positive gamma, call-heavy open interest, and dark pool accumulation signaling stability and upward bias. Key risks include regulatory changes, clean energy transition challenges, operational incidents, and increased leverage, but these are manageable if execution remains strong.