NOG Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: NOG's strategic acquisitions and stable operational performance support potential growth, especially with stable oil prices and a high product demand outlook.




Bearish Case: High implied volatility and flat price action, coupled with lower trading volumes and skepticism on social media, suggest potential downside risks for NOG.




Potential Outcomes:
60% chance of gradual growth sustained by stable operations; 25% risk of decline due to market volatility; 15% stagnation from geopolitical tensions.




Trading Oracle: Bearish Long Volatility strategy is suitable due to high volatility and downside risks. Buy OOTM puts, sell fewer further OOTM puts to hedge potential decline and leverage expected volatility spikes.



March 30, 2025


Northern Oil and Gas Forecast

NOG        Northern Oil and Gas











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AMR Forecast + Options Trading Strategies   AMR  Alta Mesa Resources (0.62)



Uncorrelated Assets

Assets with little price relationship to NOG



DAL Forecast + Options Trading Strategies   DAL  Delta Air Lines (-0.0)


SHAK Forecast + Options Trading Strategies   SHAK  Shake Shack (-0.0)


BXMT Forecast + Options Trading Strategies   BXMT  Blackstone Mortgage (0.0)


AMC Forecast + Options Trading Strategies   AMC  AMC Entertainment (-0.01)


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Anticorrelated Assets

Assets that tend to move strongly against NOG



SO Forecast + Options Trading Strategies   SO  Southern (-0.5)


XLP Forecast + Options Trading Strategies   XLP  Consumer Staples Select Sector SPDR (-0.52)


DTE Forecast + Options Trading Strategies   DTE  DTE Energy (-0.52)


LLY Forecast + Options Trading Strategies   LLY  Lilly(Eli) (-0.55)


KO Forecast + Options Trading Strategies   KO  Coca-Cola (-0.61)









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