EOLS Forecast


Bullish Case: EOLS shows strong bullish sentiment with significant call volume and recent insider buying. The volatility surface indicates potential for upward price movement, supported by revenue growth projections and strategic board appointments.


Bearish Case: High implied volatility suggests market uncertainty, with potential negative impacts from competition and regulatory challenges. Historical mean-reversion patterns indicate limited upside potential in the near term.


Potential Outcomes:

1. Positive earnings surprise (40%).

2. Continued revenue growth (35%).

3. Increased competition (20%).

4. Regulatory challenges impacting operations (5%).


Trading Oracle: Consider a calendar spread by buying January 2025 $12 calls and selling August 2024 $12 calls to leverage high implied volatility. This strategy capitalizes on near-term uncertainty while maintaining long-term bullish exposure.


July 25, 2024


Evolus Forecast

EOLS      Evolus











Correlated Assets

Assets that tend to move strongly with EOLS



TREX Forecast + Options Trading Strategies   TREX  TREX Co. (0.94)


IOVA Forecast + Options Trading Strategies   IOVA  Iovance Biotherapeutics (0.93)


MAS Forecast + Options Trading Strategies   MAS  Masco (0.93)


SHW Forecast + Options Trading Strategies   SHW  Sherwin-Williams (0.92)


MA Forecast + Options Trading Strategies   MA  Mastercard Incorporated (0.92)



Uncorrelated Assets

Assets with little price relationship to EOLS



ETSY Forecast + Options Trading Strategies   ETSY  Etsy (0.0)


EBS Forecast + Options Trading Strategies   EBS  Emergent Biosolutions (-0.0)


AI Forecast + Options Trading Strategies   AI  C3.ai (-0.0)


TBBK Forecast + Options Trading Strategies   TBBK  Bancorp (0.01)


FOXA Forecast + Options Trading Strategies   FOXA  Fox Corporation - (0.01)



Anticorrelated Assets

Assets that tend to move strongly against EOLS



HUM Forecast + Options Trading Strategies   HUM  Humana (-0.85)


SARK Forecast + Options Trading Strategies   SARK  Tuttle Capital Short Innovation (-0.85)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.85)


DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.87)


EQNR Forecast + Options Trading Strategies   EQNR  Equinor ASA - (-0.88)





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