Stands for "
net option pricing effect". NOPE is a stock trading theoretical
model that estimates the performance of a stock's price using historical pricing data and deep learning. It is a
popular tool used for earnings season as it is very accurate in picking the wrong direction of a stock's price movement after the company releases their earnings report.
Girl: "INTC NOPE pre-earnings estimate: Right now preliminary bullish (+
3.45 sigma) but let's see!"
Boy: "Time to NOPE this and load the
boat with puts!"