ESPR Forecast


Bullish Case: ESPR's recent FDA approvals and upcoming profitability targets could significantly boost sentiment, driving price recovery. High implied volatility suggests market anticipates substantial movements, favorable for long positions.


Bearish Case: Continued revenue shortfalls and potential dilutive cash raises pose significant risks, hindering recovery. High implied volatility highlights uncertainty, making short positions attractive in a downtrend.


Potential Outcomes:

1. Profitability report exceeds expectations (30%);

2. Further revenue declines (50%);

3. Successful cash raise alleviates liquidity fears (20%). Historical trends indicate high likelihood of mean reversion.


Trading Oracle: Consider initiating a bullish long call spread using ESPR 2.50 and 3.00 strike calls for August expiration. High implied volatility favors this strategy while managing risk. Expect potential price movement by the next earnings report.


July 24, 2024


Esperion Therapeutics Forecast

ESPR      Esperion Therapeutics











Correlated Assets

Assets that tend to move strongly with ESPR



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.74)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.12)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.37)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.5)



Uncorrelated Assets

Assets with little price relationship to ESPR



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.12)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.37)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.5)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.74)



Anticorrelated Assets

Assets that tend to move strongly against ESPR



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.74)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.12)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.37)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.5)





Become a more profitable investor with AI optimized trading strategies






×

Chat with ESPR


 Ask any question about ESPR!