GILD Forecast + Trading Strategies


Bullish Case: Recent HIV drug trials showing 100% success rate bolster GILD's growth prospects. Institutional interest rises with strong holdings. Helium’s bullish forecast with a 0.53% gain and GILD call options trading 67% more volume reflects optimistic sentiment.


Bearish Case: Ongoing legal disputes and recent pipeline setbacks could strain GILD’s finances and stock performance. The flat options term structure and historical underperformance in long-term returns hold uncertain long-term growth.


Potential Outcomes: Approval of HIV treatments and strong pipeline advancements favor growth (65%). Legal disputes strain finances (30%). Market uncertainty and competition impact growth (5%).


Trading Oracle: Execute a bullish short volatility strategy: Sell near-term out-of-the-money puts at $71 strikes, capturing premium. Utilize a 7-day expiry strategy with Helium's positive edge and higher call option volume, targeting Helium's bullish outlook and leveraging stable implied volatility for high reward:risk.


July 21, 2024


Gilead Sciences Forecast

GILD      Gilead Sciences











Correlated Assets

Assets that tend to move strongly with GILD



VFC Forecast + Options Trading Strategies   VFC  VF (0.77)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.57)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.66)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.69)



Uncorrelated Assets

Assets with little price relationship to GILD



LI Forecast + Options Trading Strategies   LI  Li Auto (0.57)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.66)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.69)


VFC Forecast + Options Trading Strategies   VFC  VF (0.77)



Anticorrelated Assets

Assets that tend to move strongly against GILD



VFC Forecast + Options Trading Strategies   VFC  VF (0.77)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.57)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.66)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.69)





Become a more profitable investor with AI optimized trading strategies






×

Chat with GILD


 Ask any question about GILD!