MRNA Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: MRNA's broad pipeline, including potential breakthroughs in cancer vaccines and beyond COVID, suggests long-term growth potential amid stable volatility.




Bearish Case: MRNA faces declining vaccine demand and legal hurdles, compounded by negative sentiment and competitive pressures, contributing to a bleak short-term outlook.




Potential Outcomes: 60%: New drug approval boosts MRNA stock. 25%: Legal challenges impact revenues. 15%: Market stability maintains status quo.




Trading Oracle: Consider credit spreads (Helium Short Volatility) focusing on near-term scenarios given backwardation and high implied volatility. Bearish bias with put spreads could leverage current sentiment and revenue challenges, capitalizing on downside risk.



January 15, 2025


Moderna Forecast

MRNA        Moderna











Correlated Assets

Assets that tend to move strongly with MRNA



VAL Forecast + Options Trading Strategies   VAL  Valaris (0.94)


WFRD Forecast + Options Trading Strategies   WFRD  Weatherford International plc - New (0.9)


TNK Forecast + Options Trading Strategies   TNK  Teekay Tankers (0.88)


BLNK Forecast + Options Trading Strategies   BLNK  Blink Charging (0.88)


NEP Forecast + Options Trading Strategies   NEP  NextEra Energy (0.87)



Uncorrelated Assets

Assets with little price relationship to MRNA



CZR Forecast + Options Trading Strategies   CZR  Caesars Entertainment (-0.0)


LEN Forecast + Options Trading Strategies   LEN  Lennar (0.01)


WY Forecast + Options Trading Strategies   WY  Weyerhaeuser (-0.01)


BB Forecast + Options Trading Strategies   BB  BlackBerry (-0.01)


ACGL Forecast + Options Trading Strategies   ACGL  Arch (0.01)



Anticorrelated Assets

Assets that tend to move strongly against MRNA



CBRE Forecast + Options Trading Strategies   CBRE  CBRE (-0.85)


TPG Forecast + Options Trading Strategies   TPG  TPG (-0.86)


CLPT Forecast + Options Trading Strategies   CLPT  ClearPoint Neuro (-0.86)


ADP Forecast + Options Trading Strategies   ADP  Automatic Data Processing (-0.87)


NOW Forecast + Options Trading Strategies   NOW  ServiceNow (-0.91)









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