Bullish Case: AVTR may rebound due to increasing institutional interest, favorable market conditions, and potential growth in key sectors. With implied volatility suggesting lower future risks, this could prompt bullish momentum.

Bearish Case: Despite institutional support, historical underperformance and heightened volatility suggest continued downward pressure on AVTR. High put volume indicates persistent bearish sentiment in the near term.

Potential Outcomes:

1. 30% chance of a modest recovery driven by institutional inflows.

2. 60% likelihood of continued declines given historical trends and market volatility.

3. 10% potential for stabilization as recent trends normalize.

Trading Oracle: Consider executing a bullish debit spread by buying AVTR 11/15/2024 22.00 C and selling 11/15/2024 23.00 C to capitalize on potential short-term recovery. Alternatively, trade bearish credit spreads to hedge against downside risk, focusing on high volatility options for favorable risk-reward ratios.

November 13, 2024