Bullish Case: The fewer insider sales and increased user engagement from strategic partnerships like in Vietnam suggest a reversal could push COUR upward, particularly as educational demand for AI courses increases.

Bearish Case: Continued low trading volumes, high implied volatility, and persistent insider sales indicate ongoing skepticism and potential declines in COUR's value, particularly if no turnaround occurs in financial performance.

Potential Outcomes:

1. User growth from strategic partnerships could increase stock price (35% probability).

2. Continuing financial instability leads to further declines (45% probability).

3. Stock remains stagnant without significant changes (20% probability).

Trading Oracle: Consider a bullish long volatility strategy by initiating a debit spread—buying 10.00 strikes in November and selling 12.50 strikes. Given high implied volatility, this strategy capitalizes on the potential upside of COUR while managing risk effectively amidst market uncertainties.

October 20, 2024