OKTA Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: OKTA's strategic partnerships and enhanced security measures boost market position. Strong call volume suggests optimism, echoing bullish sentiment across social media. Term structure points to reduced volatility over time.




Bearish Case: Recent security breaches and competitive pressure from firms like CyberArk challenge OKTA. Elevated short-term implied volatility and customer skepticism could hinder growth, with backwardation signaling potential short-term risk.




Potential Outcomes:
  • Successful security enhancements restore trust: 60%
  • Further breaches impact reputation negatively: 40%
  • Strategic alliances drive growth: 70%
  • Competitive pressures limit price movement: 50%



April 10, 2025


Okta Forecast

OKTA        Okta











Correlated Assets

Assets that tend to move strongly with OKTA



DAN Forecast + Options Trading Strategies   DAN  Dana (0.69)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (0.65)


FEZ Forecast + Options Trading Strategies   FEZ  SPDR EURO Stoxx 50 (0.61)


CRSR Forecast + Options Trading Strategies   CRSR  Corsair Gaming (0.6)


WNS Forecast + Options Trading Strategies   WNS  WNS Holdings Limited (0.57)



Uncorrelated Assets

Assets with little price relationship to OKTA



ICE Forecast + Options Trading Strategies   ICE  Intercontinental Exchange (0.0)


STLD Forecast + Options Trading Strategies   STLD  Steel Dynamics (-0.0)


GES Forecast + Options Trading Strategies   GES  Guess (-0.0)


XRX Forecast + Options Trading Strategies   XRX  Xerox (-0.0)


ARR Forecast + Options Trading Strategies   ARR  ARMOUR Residential REIT (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against OKTA



PHM Forecast + Options Trading Strategies   PHM  PulteGroup (-0.65)


MOD Forecast + Options Trading Strategies   MOD  Modine Manufacturing (-0.66)


EIX Forecast + Options Trading Strategies   EIX  Edison International (-0.69)


MBUU Forecast + Options Trading Strategies   MBUU  Malibu Boats (-0.71)


IRM Forecast + Options Trading Strategies   IRM  Iron Mountain (-0.76)









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