SPRO Forecast


Bullish Case: Positive biotech trial outcomes and partnerships could spark sudden appreciations, supported by high implied volatility in October 2024 options.


Bearish Case: Failure in crucial clinical trials or delays in FDA approvals could plummet SPRO further, exacerbated by current negative momentum and broader market uncertainty.


Potential Outcomes:

1. Successful trial results: 20% (price hits $5).

2. Clinical setback: 30% (price falls to $0.50).

3. Flat performance: 50% (price hovering around $1.27). Made with historical returns and implied volatilities.


Trading Oracle: Sign Up to access trading oracle trade ideas.


June 19, 2024


Spero Therapeutics Forecast

SPRO      Spero Therapeutics











Correlated Assets

Assets that tend to move strongly with SPRO



SHAK Forecast + Options Trading Strategies   SHAK  Shake Shack (0.85)


MHK Forecast + Options Trading Strategies   MHK  Mohawk Industries (0.85)


RS Forecast + Options Trading Strategies   RS  Reliance Steel & Aluminum (0.85)


IOVA Forecast + Options Trading Strategies   IOVA  Iovance Biotherapeutics (0.85)


PLAY Forecast + Options Trading Strategies   PLAY  Dave & Buster's Entertainment (0.84)



Uncorrelated Assets

Assets with little price relationship to SPRO



FXP Forecast + Options Trading Strategies   FXP  ProShares UltraShort FTSE China 50 (0.0)


MTTR Forecast + Options Trading Strategies   MTTR  Matterport (0.0)


NOC Forecast + Options Trading Strategies   NOC  Northrop Grumman (0.0)


DDD Forecast + Options Trading Strategies   DDD  3D Systems (-0.0)


RRC Forecast + Options Trading Strategies   RRC  Range Resources (0.0)



Anticorrelated Assets

Assets that tend to move strongly against SPRO



DXD Forecast + Options Trading Strategies   DXD  ProShares UltraShort Dow30 (-0.72)


SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.73)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.78)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.8)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.82)





Become a more profitable investor with AI optimized trading strategies






×

Chat with SPRO


 Ask any question about SPRO!