Bullish Case: NE's recent pricing trend indicates upward momentum. Flat term structure suggests consistent market expectations, pointing towards stable growth and a bullish outlook for NE.


Bearish Case: In the context of NE, a flat term structure and a moderate Helium uncertainty higher than market imply caution. The potential for unexpected drops in price or volatility contraction could create a bearish scenario.


Potential Outcomes:

1) NE maintains uptrend: 60%.

2) Unexpected news causes volatility spike: 20%.

3) Market overestimates NE, leading to a contraction in implied volatility: 20%.


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April 03, 2024


Noble Forecast

NE        Noble
Price Forecast: NEUTRAL    Price Action: TRENDING (?)











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OIH Forecast + Options Trading Strategies   OIH  VanEck Vectors Oil Services (0.93)


BKR Forecast + Options Trading Strategies   BKR  Baker Hughes (0.91)


SBOW Forecast + Options Trading Strategies   SBOW  SilverBow Resources (0.88)


NOG Forecast + Options Trading Strategies   NOG  Northern Oil and Gas (0.86)



Uncorrelated Stock Forecasts

Assets with little price relationship to NE



TXN Forecast + Options Trading Strategies   TXN  Texas Instruments (0.0)


MHK Forecast + Options Trading Strategies   MHK  Mohawk Industries (-0.0)


GLW Forecast + Options Trading Strategies   GLW  Corning (0.0)


IONS Forecast + Options Trading Strategies   IONS  Ionis Pharmaceuticals (0.0)


GATX Forecast + Options Trading Strategies   GATX  GATX (0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against NE



SAVA Forecast + Options Trading Strategies   SAVA  Cassava Sciences (-0.64)


MDGL Forecast + Options Trading Strategies   MDGL  Madrigal Pharmaceuticals (-0.64)


TGTX Forecast + Options Trading Strategies   TGTX  TG Therapeutics (-0.65)


ERY Forecast + Options Trading Strategies   ERY  Direxion Daily Energy Bear 2X Shares (-0.7)


DRIP Forecast + Options Trading Strategies   DRIP  Direxion Daily S&P Oil & Gas Exp. & Prod. (-0.72)





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