LUNG Forecast


Bullish Case: Positive FDA news and ongoing research in lung disease might drive LUNG prices higher short-term. AI's bullish forecast at +0.95% supports potential upside.


Bearish Case: LUNG's current trend shows significant declines in price (-30.7% over 90 days). High implied volatility and backwardation suggest skepticism about long-term prospects.


Potential Outcomes:

1. FDA approval drives bullish surge (30%).

2. Continued downward price trend (-20%) (50%).

3. Breakthrough research stabilizes prices (20%).


Trading Oracle: Focus on bullish short-term moves, leveraging the AI price forecast. Put on a debit spread with August $7.50 calls due to moderate IV balance and potential upward movement. Maximize edge and profit.


June 30, 2024


Pulmonx Forecast

LUNG      Pulmonx











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FIVN Forecast + Options Trading Strategies   FIVN  Five9 (0.91)


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IJH Forecast + Options Trading Strategies   IJH  BlackRock Institutional Trust Company N.A. - iShares Core S&P Mid-Cap (0.86)


COO Forecast + Options Trading Strategies   COO  Cooper Companies (0.86)


RICK Forecast + Options Trading Strategies   RICK  RCI Hospitality (0.85)



Uncorrelated Assets

Assets with little price relationship to LUNG



EFX Forecast + Options Trading Strategies   EFX  Equifax (0.0)


CNC Forecast + Options Trading Strategies   CNC  Centene (0.0)


JD Forecast + Options Trading Strategies   JD  JD.com (-0.0)


PANW Forecast + Options Trading Strategies   PANW  Palo Alto Networks (-0.01)


CFLT Forecast + Options Trading Strategies   CFLT  Confluent (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against LUNG



SM Forecast + Options Trading Strategies   SM  SM Energy (-0.82)


BJ Forecast + Options Trading Strategies   BJ  BJ's Wholesale Club (-0.82)


AR Forecast + Options Trading Strategies   AR  Antero Resources (-0.83)


RRC Forecast + Options Trading Strategies   RRC  Range Resources (-0.84)


CNX Forecast + Options Trading Strategies   CNX  CNX Resources (-0.87)





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