Price Forecast:

Bullish Case: ZETA's recent earnings report showcased robust growth. Implied volatility suggests anticipated price movement. Positive trends in ad tech bolstered by new partnerships indicate potential for further gains. The high call options volume supports bullish sentiment.

Bearish Case: Market volatility and a pullback in tech stocks raise concerns. Increasing put option volume signals investor caution. ZETA's recent downward trend suggests potential risks, particularly if upcoming earnings disappoint or macro conditions worsen.

Potential Outcomes:

1. 30% chance ZETA stabilizes between $22-$25;

2. 25% chance of rallying above $30 due to strong earnings;

3. 20% risk of dropping to $20 from market volatility;

4. 25% for a sharp dip below $20 amid economic downturns.

Trading Oracle: Consider a bull call spread, buying the December 25 call and selling the December 30 call. This strategy takes advantage of ZETA's bullish potential with high implied volatility while capping risk. Given the upward momentum, this trade aligns well with expected volatility. Focus on short-term profit maximization.

December 04, 2024