BCRX Forecast + Trading Strategies


Bullish Case: BCRX shows potential for rebound due to recent favorable clinical trial indicators and strong institutional backing, which historically drives price increases following downturns.


Bearish Case: Continued flat performance suggests subdued investor sentiment, high implied volatility indicates market uncertainty, and without positive trial results, further declines are possible.


Potential Outcomes:

1. Recovery with positive trial results (30%).

2. Continued flat movement (40%).

3. Decline due to negative news (30%). Historical patterns and insider buying inform these estimates.


Trading Oracle: Since volatility remains high, consider trading debit spreads by buying August $8 calls and selling August $9 calls to capitalize on potential bullish moves with controlled risk and a favorable risk/reward ratio.


July 25, 2024


Biocryst Pharmaceuticals Forecast

BCRX      Biocryst Pharmaceuticals











Correlated Assets

Assets that tend to move strongly with BCRX



VFC Forecast + Options Trading Strategies   VFC  VF (0.45)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.17)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.06)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.16)



Uncorrelated Assets

Assets with little price relationship to BCRX



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.06)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.16)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.17)


VFC Forecast + Options Trading Strategies   VFC  VF (0.45)



Anticorrelated Assets

Assets that tend to move strongly against BCRX



VFC Forecast + Options Trading Strategies   VFC  VF (0.45)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.17)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.06)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.16)





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