SNOW Forecast




Price Forecast:




80% Confidence

Bearish<->Bullish




Bullish Case: Snowflake's strategic alignment with AI and strong partnerships enhances its revenue outlook, supported by high call volumes and favorable implied volatility across near-term strikes.




Bearish Case: Insider selling, high valuations, and looming macroeconomic pressures raise concerns about potential stock price declines, especially amid increased volatility reflected in current options pricing.




Potential Outcomes:
  • 30% chance of strong earnings growth driving SNOW to $200 in Q1 2025.
  • 40% possibility of stable performance between $160 and $175 due to mixed investor sentiment.
  • 30% probability of price declining to $150 due to increased insider selling and macro uncertainties.




Trading Oracle: Implement a bullish debit spread by buying SNOW $170 calls and selling $175 calls, targeting expiration in February 2025. This leverages current high implied volatility (58.6%) while minimizing risk amidst mixed market signals. Protective puts may be added for downside protection.



December 13, 2024


Snowflake Forecast

SNOW        Snowflake











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NCNO Forecast + Options Trading Strategies   NCNO  Ncino (0.0)


BUD Forecast + Options Trading Strategies   BUD  Anheuser-Busch (-0.01)


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Anticorrelated Assets

Assets that tend to move strongly against SNOW



FE Forecast + Options Trading Strategies   FE  Firstenergy (-0.81)


KO Forecast + Options Trading Strategies   KO  Coca-Cola (-0.83)


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SA Forecast + Options Trading Strategies   SA  Seabridge Gold (-0.84)


HCA Forecast + Options Trading Strategies   HCA  HCA Healthcare (-0.89)









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