NICE Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: NICE's historical mean reversion and elevated implied volatility support potential upward movement, especially given increased call option volume and social sentiment.




Bearish Case: Concerns over low trading volume and competitive pressures align with potential undervaluation of risks. Implied volatility contango suggests caution.




Potential Outcomes: 60% chance of slight upward movement due to mean reversion. 30% chance of continued volatility and pressure from competition. 10% chance of regulatory impacts affecting price.




Trading Oracle: Consider a bullish call debit spread targeting 02/2025 options. Buy $170 calls, sell $180 calls, capturing potential volatility-induced gains. Optimal timeframe: next 30-60 days.



January 04, 2025


NICE Forecast

NICE        NICE











Correlated Assets

Assets that tend to move strongly with NICE



LAC Forecast + Options Trading Strategies   LAC  Lithium Americas (0.88)


MRSN Forecast + Options Trading Strategies   MRSN  Mersana Therapeutics (0.87)


CRNC Forecast + Options Trading Strategies   CRNC  Cerence (0.84)


TREX Forecast + Options Trading Strategies   TREX  TREX Co. (0.82)


FRSH Forecast + Options Trading Strategies   FRSH  Freshworks (0.81)



Uncorrelated Assets

Assets with little price relationship to NICE



OWL Forecast + Options Trading Strategies   OWL  Blue Owl (-0.0)


TNK Forecast + Options Trading Strategies   TNK  Teekay Tankers (-0.01)


FEZ Forecast + Options Trading Strategies   FEZ  SPDR EURO Stoxx 50 (0.02)


FXY Forecast + Options Trading Strategies   FXY  Invesco CurrencyShares Japanese Yen (-0.03)


FANG Forecast + Options Trading Strategies   FANG  Diamondback Energy (0.05)



Anticorrelated Assets

Assets that tend to move strongly against NICE



LLY Forecast + Options Trading Strategies   LLY  Lilly(Eli) (-0.69)


CHRW Forecast + Options Trading Strategies   CHRW  C.H. Robinson Worldwide (-0.69)


EXR Forecast + Options Trading Strategies   EXR  Extra Space Storage (-0.73)


KDP Forecast + Options Trading Strategies   KDP  Keurig Dr Pepper (-0.76)


KO Forecast + Options Trading Strategies   KO  Coca-Cola (-0.78)









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