CGEN Forecast


Bullish Case: The $5M payment from AstraZeneca enhances CGEN’s financials and confirms its clinical progress. Historical returns show potential short-term upside, with high probability clusters above breakeven at ~1-year holding periods.


Bearish Case: CGEN’s historical mean reversion and recent decline (-19.2% in 90 days) suggest continued downside pressure. High implied volatility and negative recent price action strengthen this argument.


Potential Outcomes:

1. Positive Phase 3 results (30%) - Bullish.

2. More partnerships or milestone payments (25%) - Bullish.

3. Regulatory setbacks (15%) - Bearish.

4. Persistent market volatility (20%) - Bearish.

5. Price stabilizes (10%) - Neutral.


Trading Oracle: Bearish short-term outlook with high volatility. Trade September $2.50 calls credit spread: Sell Sept 2024 $2.50 Calls, Buy Dec 2024 $2.50 Puts. Target exit within 3 months, leveraging high implied volatility decay. Optimal R/R, high probability of profit.


July 11, 2024


Compugen Forecast

CGEN      Compugen











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BBWI Forecast + Options Trading Strategies   BBWI  Bath & Body Works (0.89)


CNI Forecast + Options Trading Strategies   CNI  Canadian National Railway (0.88)


MA Forecast + Options Trading Strategies   MA  Mastercard Incorporated (0.88)



Uncorrelated Assets

Assets with little price relationship to CGEN



OTEX Forecast + Options Trading Strategies   OTEX  Open Text (0.0)


ALTG Forecast + Options Trading Strategies   ALTG  Alta Equipment (-0.0)


PRGO Forecast + Options Trading Strategies   PRGO  Perrigo (-0.01)


CF Forecast + Options Trading Strategies   CF  CF Industries (-0.01)


GL Forecast + Options Trading Strategies   GL  Globe Life (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against CGEN



RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.78)


SARK Forecast + Options Trading Strategies   SARK  Tuttle Capital Short Innovation (-0.8)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.8)


EQNR Forecast + Options Trading Strategies   EQNR  Equinor ASA - (-0.83)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.86)





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