ALT Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: ALT pending clinical trial outcomes and insider buying could trigger upward momentum, supported by strong social media sentiment and volume skew favoring calls.




Bearish Case: High implied volatility signifies potential trial disappointments, regulatory challenges, and historical downtrends, limiting upside and increasing downside risks.




Potential Outcomes: 40% chance of strong upside with positive trials; 30% downside risk with negative trials; 30% stability pending further data releases.




Trading Oracle: A bullish call debit spread with strikes around $7-$8 expiring in March 2025 leverages high implied volatility peaks and expected positive trial results. High volume in call options supports a bullish sentiment with limited downside risk.



January 08, 2025


Altimmune Forecast

ALT        Altimmune











Correlated Assets

Assets that tend to move strongly with ALT



PATH Forecast + Options Trading Strategies   PATH  UiPath (0.77)


FRSH Forecast + Options Trading Strategies   FRSH  Freshworks (0.74)


WMG Forecast + Options Trading Strategies   WMG  Warner Music (0.71)


HTZ Forecast + Options Trading Strategies   HTZ  Hertz Global Holdings (0.7)


GTLB Forecast + Options Trading Strategies   GTLB  Gitlab (0.69)



Uncorrelated Assets

Assets with little price relationship to ALT



PH Forecast + Options Trading Strategies   PH  Parker-Hannifin (0.0)


COF Forecast + Options Trading Strategies   COF  Capital One Financial (-0.0)


NOW Forecast + Options Trading Strategies   NOW  ServiceNow (0.0)


EOLS Forecast + Options Trading Strategies   EOLS  Evolus (0.01)


EH Forecast + Options Trading Strategies   EH  EHang Holdings Ltd - (0.01)



Anticorrelated Assets

Assets that tend to move strongly against ALT



ATI Forecast + Options Trading Strategies   ATI  Allegheny (-0.58)


KDP Forecast + Options Trading Strategies   KDP  Keurig Dr Pepper (-0.63)


KO Forecast + Options Trading Strategies   KO  Coca-Cola (-0.63)


AZN Forecast + Options Trading Strategies   AZN  Astrazeneca (-0.67)


UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.67)









Become a more profitable investor with AI optimized trading strategies






×

Chat with ALT


 Ask any question about ALT!