NHC Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: NHC may benefit from upcoming price negotiations that could enhance margins and stabilize market position, coupled with rising healthcare demand due to recent storm impacts. Implied volatility indicates potential for upside movement.




Bearish Case: Elevated implied volatility suggests market concerns regarding NHC's stability amid tropical storm damages. Additionally, impending profit-taking and sector volatility could pressure prices downward.




Potential Outcomes:
  • Positive pricing outcome (40%): Could bolster margins.
  • Stabilization above $130 (30%): Reflects strong market recovery.
  • Downtrend to $115 (20%): Influenced by profit-taking.
  • Severe negative news reaction (10%): Resulting from sector discontent.




Trading Oracle: Consider a bull call spread targeting NHC's 125/135 strikes to capitalize on potential upside. Given high implied volatility, a 60-90 day timeframe with the upcoming price negotiation could maximize returns. Prepare for quick adjustments based on market sentiment shifts post-negotiation.



November 22, 2024


National Healthcare Forecast

NHC        National Healthcare











Correlated Assets

Assets that tend to move strongly with NHC



HRB Forecast + Options Trading Strategies   HRB  H&R Block (0.88)


EBS Forecast + Options Trading Strategies   EBS  Emergent Biosolutions (0.88)


BTI Forecast + Options Trading Strategies   BTI  British American Tobacco (0.87)


MGNI Forecast + Options Trading Strategies   MGNI  Magnite (0.85)


LHX Forecast + Options Trading Strategies   LHX  L3Harris (0.84)



Uncorrelated Assets

Assets with little price relationship to NHC



ST Forecast + Options Trading Strategies   ST  Sensata (-0.01)


CHAU Forecast + Options Trading Strategies   CHAU  Direxion Daily CSI 300 China A Share Bull 2X Shares (0.01)


ACN Forecast + Options Trading Strategies   ACN  Accenture (-0.01)


AVTR Forecast + Options Trading Strategies   AVTR  Avantor (-0.02)


RVNC Forecast + Options Trading Strategies   RVNC  Revance Therapeutics (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against NHC



BLMN Forecast + Options Trading Strategies   BLMN  Bloomin Brands (-0.81)


ALGN Forecast + Options Trading Strategies   ALGN  Align Technology (-0.82)


LABD Forecast + Options Trading Strategies   LABD  Direxion Daily S&P Biotech Bear 3X Shares (-0.84)


FIVE Forecast + Options Trading Strategies   FIVE  Five Below (-0.84)


CLF Forecast + Options Trading Strategies   CLF  Cleveland-Cliffs (-0.84)









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