ALLO Forecast


Bullish Case: Significant insider buying reflects strong internal confidence, with nine buy and two hold ratings from analysts supporting a 372.2% upside to $12.23. [tipranks.com]


Bearish Case: High volatility, mean-reverting patterns, and a 92% drop over five years suggest continued challenges, while recent layoffs signal industry-wide hurdles. [biospace.com]


Potential Outcomes:

1. Positive clinical trial results (25%),

2. Regulatory setbacks (20%),

3. Market downturn (15%),

4. Insider buying (15%),

5. Strategic partnership (10%),

6. Increased competition (5%),

7. Stability due to lack of news (10%). [Helium]


Trading Oracle: Execute a bullish calendar spread: long ALLO Aug 2.50 Call, short Jul 2.50 Call. Use Helium Long Volatility strategy for a 2-month window. Monitor implied volatility, target exit at 300%-450% profit if ALLO reaches $3.50-$4.50. Manage risk dynamically.


July 07, 2024


Allogene Therapeutics Forecast

ALLO      Allogene Therapeutics











Correlated Assets

Assets that tend to move strongly with ALLO



LI Forecast + Options Trading Strategies   LI  Li Auto (0.48)


VFC Forecast + Options Trading Strategies   VFC  VF (0.34)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.04)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.18)



Uncorrelated Assets

Assets with little price relationship to ALLO



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.04)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.18)


VFC Forecast + Options Trading Strategies   VFC  VF (0.34)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.48)



Anticorrelated Assets

Assets that tend to move strongly against ALLO



LI Forecast + Options Trading Strategies   LI  Li Auto (0.48)


VFC Forecast + Options Trading Strategies   VFC  VF (0.34)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.04)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.18)





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