STRO Forecast


Bullish Case: New management and promising pipeline (STRO-002) might provide upward momentum. Historically, positive holding years show significant returns .


Bearish Case: Negative sentiment, substantial recent put volume, high volatility, and lack of near-term catalysts suggest a potential further decline .


Potential Outcomes:

1. Positive trial results (20%).

2. Institutional investments (25%).

3. Continued price decline (55%).


Trading Oracle: Focus on bearish strategies; high volatility suggests debit spreads (long volatility). Buy 08/16/2024 $5.00 puts. Expected impact: Immediate profit from price decline and high IV. Maintain position for 1 month; reassess per trial data.


July 21, 2024


Sutro Biopharma Forecast

STRO      Sutro Biopharma











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