NICE Forecast + Trading Strategies


Bullish Case: Bullish indicators include NICE's mean-reverting historical price action and higher short-term implied volatility signaling potential price appreciation.


Bearish Case: Bearish factors are NICE’s current low trading volume and potential risks offsetting implied volatility advantages, pointing to downside vulnerabilities.


Potential Outcomes:

1. Stability in market conditions (35%).

2. NICE's client acquisition boosts price (60%).

3. Regulatory disruptions or supply chain challenges (5%).


Trading Oracle: Execute a bullish debit spread considering NICE’s implied volatility and mean-reversion. Buy July 2024 165.00 call options, sell July 2024 185.00 call options. Position caters to near-term upward movement, excellent reward-risk, and positive edge.


June 24, 2024


NICE Forecast

NICE      NICE











Correlated Assets

Assets that tend to move strongly with NICE



SYY Forecast + Options Trading Strategies   SYY  Sysco (0.87)


HEES Forecast + Options Trading Strategies   HEES  H&E Equipment Services (0.86)


SKYT Forecast + Options Trading Strategies   SKYT  SkyWater Technology (0.86)


BLDR Forecast + Options Trading Strategies   BLDR  Builders Firstsource (0.85)


ALIT Forecast + Options Trading Strategies   ALIT  Alight Inc. - (0.85)



Uncorrelated Assets

Assets with little price relationship to NICE



ALGM Forecast + Options Trading Strategies   ALGM  Allegro Microsystems (-0.0)


BA Forecast + Options Trading Strategies   BA  Boeing (-0.0)


STAA Forecast + Options Trading Strategies   STAA  Staar Surgical (0.01)


PAYC Forecast + Options Trading Strategies   PAYC  Paycom Software (-0.01)


NFE Forecast + Options Trading Strategies   NFE  New Fortress Energy (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against NICE



DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.66)


TIGR Forecast + Options Trading Strategies   TIGR  UP Fintech (-0.66)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.67)


SARK Forecast + Options Trading Strategies   SARK  Tuttle Capital Short Innovation (-0.71)


EQNR Forecast + Options Trading Strategies   EQNR  Equinor ASA - (-0.72)





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