PTGX Forecast


Bullish Case: Strong pipeline progress, positive trial results for Rusfertide, and resilient financial health support upside. High institutional ownership and positive earnings surprise add investor confidence.


Bearish Case: High implied volatility, insider selling, and previous trial failures suggest potential risks. Elevated uncertainty may lead to market re-evaluation and price correction.


Potential Outcomes:

1. Positive trial results: 25%.

2. Trial delays or failures: 30%.

3. Market re-evaluation: 20%.

4. Insider sales impact: 15%.

5. New partnerships: 10%.


Trading Oracle: Initiate a tradable bullish debit spread: buy PTGX 07/19/2024 25 Call, sell 30 Call. Short-term with high IV leverage; 3-6 month outlook to capture near-term catalysts. Capitalizes on bullish sentiment, high reward:risk ratio.


July 13, 2024


Protagonist Therapeutics Forecast

PTGX      Protagonist Therapeutics











Correlated Assets

Assets that tend to move strongly with PTGX



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.88)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.36)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.59)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.66)



Uncorrelated Assets

Assets with little price relationship to PTGX



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.36)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.59)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.66)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.88)



Anticorrelated Assets

Assets that tend to move strongly against PTGX



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.88)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.36)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.59)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.66)





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