NCNO Forecast + Trading Strategies


Bullish Case: Persistence in recent strategic partnerships coupled with upcoming earnings supports growth. Expanding market position suggests a strong rally.


Bearish Case: Ongoing insider selling and unclear mortgage impacts raise concerns over NCNO's stability, risking downward price pressure in the near term.


Potential Outcomes:

1. Earnings beat - 20% chance.

2. Continued insider selling - 30% chance.

3. Long-term growth from UK expansion - 50% chance.


Trading Oracle: Engage in a bullish strategy by executing a debit spread, buying August $35 calls while selling August $40 calls to leverage implied volatility. Targeting near-term gains from market mispricing with a favorable risk/reward profile.


July 25, 2024


Ncino Forecast

NCNO      Ncino











Correlated Assets

Assets that tend to move strongly with NCNO



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.36)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.13)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.05)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.29)



Uncorrelated Assets

Assets with little price relationship to NCNO



VFC Forecast + Options Trading Strategies   VFC  VF (-0.05)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.13)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.29)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.36)



Anticorrelated Assets

Assets that tend to move strongly against NCNO



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.36)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.13)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.05)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.29)





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