NSA Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: NSA strategically expands amidst rising storage demand, low interest rates, and strong financials, enhancing profitability and growth.




Bearish Case: High operational uncertainties and mean-reverting price trends, alongside regulatory scrutiny in self-storage practices, threaten NSA's performance.




Potential Outcomes:
  • 30% chance of strategic expansion enhancing growth.
  • 50% likelihood of operational struggles due to market saturation.
  • 20% potential for regulatory impacts affecting profitability.




Trading Oracle: Consider a bull call spread on NSA, buying the $40 call and selling the $45 call. With implied volatility peaking, exploit potential upside on strategic expansions. Target a 60-90 day horizon for maximum profit. Favorable risk/reward ratio with heightened implied volatility.



January 21, 2025


National Storage Affiliates Forecast

NSA        National Storage Affiliates











Correlated Assets

Assets that tend to move strongly with NSA



EXR Forecast + Options Trading Strategies   EXR  Extra Space Storage (0.96)


ICF Forecast + Options Trading Strategies   ICF  BTC iShares Cohen & Steers REIT (0.84)


BBY Forecast + Options Trading Strategies   BBY  Best Buy (0.83)


EIX Forecast + Options Trading Strategies   EIX  Edison International (0.82)


PSFE Forecast + Options Trading Strategies   PSFE  Paysafe Limited (0.81)



Uncorrelated Assets

Assets with little price relationship to NSA



VTRS Forecast + Options Trading Strategies   VTRS  Viatris (0.0)


ON Forecast + Options Trading Strategies   ON  ON Semiconductor (0.01)


V Forecast + Options Trading Strategies   V  Visa (-0.02)


INTU Forecast + Options Trading Strategies   INTU  Intuit (0.02)


PEP Forecast + Options Trading Strategies   PEP  Pepsico (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against NSA



TMV Forecast + Options Trading Strategies   TMV  Direxion Daily 20+ Year Treasury Bear 3X Shares (-0.74)


CORN Forecast + Options Trading Strategies   CORN  Teucrium Corn (-0.74)


ABCL Forecast + Options Trading Strategies   ABCL  AbCellera Biologics (-0.77)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.78)


LABD Forecast + Options Trading Strategies   LABD  Direxion Daily S&P Biotech Bear 3X Shares (-0.82)









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