NRDY Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: NRDY's recent price uptick and high trading volume suggest strengthening investor confidence, with potential for gains driven by favorable Q4 earnings and possible acquisition news.




Bearish Case: NRDY faces significant risks from ongoing market skepticism, competitive pressures, and potential underperformance in Q4 earnings, posing threats to price stability.




Potential Outcomes:

1) 40% chance of strong Q4 earnings leading to a 10-15% price increase.

2) 30% chance of continued flat performance.

3) 20% chance of acquisition rumors driving 25-50% premium.

4) 10% chance of poor Q4 results leading to 5-10% decline.




Trading Oracle: Implement a bullish debit spread by buying NRDY 1.50 Calls for December 2024 and selling 2.00 Calls. This strategy targets a price increase post-Q4 earnings while maintaining a balanced risk profile given high implied volatility and upcoming catalysts. Seek a 2-3 month horizon for optimal entry, trading on potential news-driven volatility.



November 21, 2024


Nerdy Forecast

NRDY        Nerdy











Correlated Assets

Assets that tend to move strongly with NRDY



PGNY Forecast + Options Trading Strategies   PGNY  Progyny (0.95)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (0.95)


ADNT Forecast + Options Trading Strategies   ADNT  Adient (0.95)


DLTR Forecast + Options Trading Strategies   DLTR  Dollar Tree (0.93)


XRAY Forecast + Options Trading Strategies   XRAY  DENTSPLY Sirona (0.93)



Uncorrelated Assets

Assets with little price relationship to NRDY



TYD Forecast + Options Trading Strategies   TYD  Direxion Daily 7-10 Year Treasury Bull 3X Shares (-0.0)


CAL Forecast + Options Trading Strategies   CAL  Caleres (0.0)


LEU Forecast + Options Trading Strategies   LEU  Centrus Energy (-0.0)


VLO Forecast + Options Trading Strategies   VLO  Valero Energy (0.01)


WMS Forecast + Options Trading Strategies   WMS  Advanced Drainage Systems (0.01)



Anticorrelated Assets

Assets that tend to move strongly against NRDY



RDNT Forecast + Options Trading Strategies   RDNT  Radnet (-0.91)


MO Forecast + Options Trading Strategies   MO  Altria (-0.92)


NGD Forecast + Options Trading Strategies   NGD  New Gold (-0.92)


AGI Forecast + Options Trading Strategies   AGI  Alamos Gold (-0.92)


PEG Forecast + Options Trading Strategies   PEG  Public Service Enterprise (-0.94)


NRDY News over Time





Click points to explore news by date. News sentiment ranges from -10 (very negative) to +10 (very positive) where 0 is neutral.










Become a more profitable investor with AI optimized trading strategies






×

Chat with NRDY


 Ask any question about NRDY!