PYXS Forecast


Bullish Case: The AI forecast predicts a +1.29% price increase [Helium], supported by upcoming PYX-201 and PYX-106 clinical data reveals in fall 2024 [Yahoo]. Positive early responses and ongoing Phase 1 trials indicate strong potential, and AI price forecast correlation suggests a bullish sentiment.


Bearish Case: Despite the AI forecast, PYXS is down notably from recent highs [Helium, Helium, Helium]. The historical mean-reverting nature [Helium, Helium] and forecast disagreement may indicate potential price stagnation or further decline, compounded by broader biopharma industry layoffs and restructuring [biospace.com, biospace.com, biospace.com].


Potential Outcomes: Key outcomes include successful clinical trial results (45%), industry-wide job cuts dragging momentum down (30%), continuation of mean-reversion trends (25%). The probabilities are estimated based on AI forecasts, clinical outcomes, and broader market conditions.


Trading Oracle: Implement debit spreads (Helium Long Volatility) on 07/19 $5.00 Calls. Exploit forecasted AI bullish deviation (+11% IV rise) and anticipated positive clinical outcomes . Short-term outlook: less than 3 months. This strategy has high alpha: exploiting undervalued calls amid high uncertainty.


July 07, 2024


Pyxis Oncology Forecast

PYXS      Pyxis Oncology











Correlated Assets

Assets that tend to move strongly with PYXS



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


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.48)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.42)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.55)



Uncorrelated Assets

Assets with little price relationship to PYXS



LI Forecast + Options Trading Strategies   LI  Li Auto (-0.42)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.48)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.55)


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



Anticorrelated Assets

Assets that tend to move strongly against PYXS



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


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.48)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.42)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.55)





Become a more profitable investor with AI optimized trading strategies






×

Chat with PYXS


 Ask any question about PYXS!