SNDX Forecast



Price Forecast:


Bearish<—>Bullish



80% Confidence




Bullish Case: Recent FDA approval and high implied volatility suggest potential upside for SNDX. Significant partnerships and positive trial results enhance this view.




Bearish Case: Mean reversion and high put volume indicate market skepticism. Regulatory delays or disappointments could exacerbate bearish trends.




Potential Outcomes: 30% chance FDA approval pushes price above $20; 25% chance of denial drops price to $15; 20% chance of consolidation between $17 and $19.




Trading Oracle: Consider credit spreads with high implied volatility; short vertical spreads on SNDX $15/$12.5 puts expiring in ~199 days. Bearish stance: SNDX expected to continue trading downward, exploiting the high IV for profit with high edge potential.



January 03, 2025


Syndax Pharmaceuticals Forecast

SNDX        Syndax Pharmaceuticals











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