ALGN Forecast + Trading Strategies


Bullish Case: ALGN could rebound due to industry innovation, positive earnings surprises, and an oversold condition, supported by strong institutional interest and growing market share.


Bearish Case: ALGN faces significant downside risks from high valuation, competitive pressures, weaker consumer spending, and macroeconomic uncertainties. Implied volatility suggests high risk.


Potential Outcomes:

1. Continued growth owing to innovation (40%).

2. Sluggish performance due to competition (30%).

3. Decline from macro factors (20%).

4. Oscillation from mixed signals (10%).


Trading Oracle: Execute bullish long volatility debit spreads expiring in ~4 days. Buy 1 $242.5 call, sell 1 $252.5 call. This strategy has high reward:risk (~1:6.5) and Helium edge, targeting near-term volatility uptrend and exploiting term structure mispricing.


July 02, 2024


Align Technology Forecast

ALGN      Align Technology











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Assets that tend to move strongly with ALGN



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VFC Forecast + Options Trading Strategies   VFC  VF (0.28)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.0)



Uncorrelated Assets

Assets with little price relationship to ALGN



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.0)


VFC Forecast + Options Trading Strategies   VFC  VF (0.28)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.34)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.37)



Anticorrelated Assets

Assets that tend to move strongly against ALGN



LI Forecast + Options Trading Strategies   LI  Li Auto (0.37)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.34)


VFC Forecast + Options Trading Strategies   VFC  VF (0.28)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.0)





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