NOVA Forecast + Trading Strategies



Bearish<—>Bullish



80% Confidence




Bullish Case: NOVA's call volume and ongoing green energy incentives suggest a potential rebound. Positive regulatory developments could further boost optimism.




Bearish Case: Persistent high volatility and legal challenges signal continued risk. Recent price drop and unchanged market sentiment underline bearish pressure.




Potential Outcomes:

1. Economic downturn impacts sector (50%).

2. Regulatory incentives enhance growth (30%).

3. Legal issues persist (20%).




Trading Oracle: Adopt a bullish long volatility strategy with call debit spreads. Buy APR 2025 $4 call and sell APR 2025 $5 call. Timeframe: ~108 days. High implied volatility favors this setup, with a potential return of 296%.



January 01, 2025


Sunnova Energy International Forecast

NOVA        Sunnova Energy International











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FXY Forecast + Options Trading Strategies   FXY  Invesco CurrencyShares Japanese Yen (0.7)



Uncorrelated Assets

Assets with little price relationship to NOVA



FLO Forecast + Options Trading Strategies   FLO  Flowers Foods (0.0)


GTLB Forecast + Options Trading Strategies   GTLB  Gitlab (0.01)


VAL Forecast + Options Trading Strategies   VAL  Valaris (-0.01)


ABR Forecast + Options Trading Strategies   ABR  Arbor Realty (-0.02)


ITB Forecast + Options Trading Strategies   ITB  BTC iShares U.S. Home Construction (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against NOVA



DAVE Forecast + Options Trading Strategies   DAVE  Dave (-0.63)


DELL Forecast + Options Trading Strategies   DELL  Dell (-0.63)


EMR Forecast + Options Trading Strategies   EMR  Emerson Electric (-0.72)


SCHW Forecast + Options Trading Strategies   SCHW  Charles Schwab (-0.78)


APH Forecast + Options Trading Strategies   APH  Amphenol (-0.81)









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