ARDX Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: ARDX could rally if Xphozah displays strong sales performance alongside favorable regulatory developments, reflecting high implied volatility in options indicating strong investor sentiment.




Bearish Case: Caution is warranted as ongoing litigation and potential sales disappointments may trigger a downturn, compounded by high implied volatility signaling heightened risk.




Potential Outcomes:

1. Strong Xphozah sales (55% chance).

2. Disappointing Q4 results (35% chance).

3. Positive FDA news leading to stock surge (10% chance).

4. Ongoing litigation causing stock drop (20% chance).




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November 08, 2024


Ardelyx Forecast

ARDX        Ardelyx











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BBWI Forecast + Options Trading Strategies   BBWI  Bath & Body Works (0.7)


FDMT Forecast + Options Trading Strategies   FDMT  4D Molecular Therapeutics (0.7)


CABA Forecast + Options Trading Strategies   CABA  Cabaletta Bio (0.69)


IMNM Forecast + Options Trading Strategies   IMNM  Immunome (0.68)



Uncorrelated Assets

Assets with little price relationship to ARDX



MU Forecast + Options Trading Strategies   MU  Micron Technology (0.0)


TRV Forecast + Options Trading Strategies   TRV  Travelers Companies (0.01)


SRPT Forecast + Options Trading Strategies   SRPT  Sarepta Therapeutics (-0.01)


ADBE Forecast + Options Trading Strategies   ADBE  Adobe (-0.01)


ROST Forecast + Options Trading Strategies   ROST  Ross Stores (0.01)



Anticorrelated Assets

Assets that tend to move strongly against ARDX



CIM Forecast + Options Trading Strategies   CIM  Chimera Investment (-0.62)


UUP Forecast + Options Trading Strategies   UUP  Invesco DB US Dollar Index Bullish (-0.64)


PNW Forecast + Options Trading Strategies   PNW  Pinnacle West (-0.64)


FDX Forecast + Options Trading Strategies   FDX  Fedex (-0.69)


BKR Forecast + Options Trading Strategies   BKR  Baker Hughes (-0.7)









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