NKLA Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: NKLA's focus on hydrogen fuel cell trucks could capitalize on the rising demand for clean energy, boosting adoption and market share significantly.




Bearish Case: High financial instability and overwhelming put volume indicate potential for further decline. Competitive pressures and market skepticism exacerbate downside risks.




Potential Outcomes: Increased hydrogen truck adoption (30%). Financial strain leads to price decline (50%). Strategic growth supports stability (20%).




Trading Oracle: Bearish debit spreads are optimal due to high implied volatility favoring further downside. Buy March $1.00 puts, sell $0.50 puts. This positions for a 4-6 week drop, leveraging expected continued market skepticism.



February 18, 2025


Nikola Forecast

NKLA        Nikola











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