SLS Forecast + Trading Strategies




Price Forecast:


Bearish<->Bullish




Bullish Case: Positive Phase 3 data could significantly boost investor confidence, leading to a rapid price increase as market sentiment shifts favorably.




Bearish Case: Continued cash burn and negative trial outcomes could lead to a sharp decline as investor sentiment further deteriorates, in line with historical trends.




Potential Outcomes:

1. 25% chance of positive Phase 3 data leading to price rally.

2. 30% chance of stagnation due to inconclusive results.

3. 45% chance of further decline driven by cash burn or negative news events, consistent with prior trends.




Trading Oracle: Consider a protective bear call spread targeting $1.50-$2.00 strikes in December 2024. Market condition reflects a bearish-to-neutral stance, exploiting high implied volatility while maintaining significant risk management. Secure premium in the range of $0.50 - $0.80 to leverage potential downward momentum without excessive exposure.



November 12, 2024


SELLAS Life Sciences Forecast

SLS        SELLAS Life Sciences











Correlated Assets

Assets that tend to move strongly with SLS



LEVI Forecast + Options Trading Strategies   LEVI  Levi Strauss (0.74)


SAN Forecast + Options Trading Strategies   SAN  Banco Santander (0.73)


COPX Forecast + Options Trading Strategies   COPX  Global X Funds - Global X Copper Miners (0.7)


AR Forecast + Options Trading Strategies   AR  Antero Resources (0.7)


TNDM Forecast + Options Trading Strategies   TNDM  Tandem Diabetes Care (0.69)



Uncorrelated Assets

Assets with little price relationship to SLS



DAWN Forecast + Options Trading Strategies   DAWN  Day One Biopharmaceuticals (0.0)


LOGI Forecast + Options Trading Strategies   LOGI  Logitech International (-0.0)


GNTX Forecast + Options Trading Strategies   GNTX  Gentex (-0.0)


OLN Forecast + Options Trading Strategies   OLN  Olin (-0.0)


M Forecast + Options Trading Strategies   M  Macy's (-0.01)



Anticorrelated Assets

Assets that tend to move strongly against SLS



DOMO Forecast + Options Trading Strategies   DOMO  Domo (-0.67)


GL Forecast + Options Trading Strategies   GL  Globe Life (-0.68)


ADBE Forecast + Options Trading Strategies   ADBE  Adobe (-0.69)


NKLA Forecast + Options Trading Strategies   NKLA  Nikola (-0.7)


IGV Forecast + Options Trading Strategies   IGV  BlackRock Institutional Trust Company N.A. - iShares Expanded Tech-Software Sector (-0.74)









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