TARS Forecast




Price Forecast:


Bearish<->Bullish




Bullish Case: TARS shows strong momentum with significant call option interest and high implied volatility, indicating bullish sentiment. Positive clinical trial results and analyst upgrades could drive price upward.




Bearish Case: Recent price volatility paired with a mean-reverting tendency could lead TARS to drop if upcoming earnings disappoint or insider selling occurs, enhancing the downside risks.




Potential Outcomes:
  • 70% chance of price stabilization around $50 as investor sentiment adjusts post-earnings.
  • 20% chance of a decline below $45 due to market jitters or unfavorable news.
  • 10% chance of a rally above $55 based on strong trial results.




Trading Oracle: Consider bullish debit spreads, targeting TARS 55.00 C for December expiry, given high implied volatility suggests strong directional movement. Reinforce with a protective put at 50.00 to hedge potential downside over the next month. Focus on capturing upside within the next 30 days as positive news materializes.



November 27, 2024


Tarsus Pharmaceuticals Forecast

TARS        Tarsus Pharmaceuticals











Correlated Assets

Assets that tend to move strongly with TARS



RJF Forecast + Options Trading Strategies   RJF  Raymond James Financial (0.89)


BYRN Forecast + Options Trading Strategies   BYRN  Byrna (0.84)


OWL Forecast + Options Trading Strategies   OWL  Blue Owl (0.82)


TRMB Forecast + Options Trading Strategies   TRMB  Trimble (0.8)


V Forecast + Options Trading Strategies   V  Visa (0.79)



Uncorrelated Assets

Assets with little price relationship to TARS



TTEK Forecast + Options Trading Strategies   TTEK  Tetra Tech (-0.0)


IBB Forecast + Options Trading Strategies   IBB  BlackRock Institutional Trust Company N.A. - iShares Biotechnology (-0.0)


AVTR Forecast + Options Trading Strategies   AVTR  Avantor (-0.0)


MPC Forecast + Options Trading Strategies   MPC  Marathon Petroleum (-0.0)


MPW Forecast + Options Trading Strategies   MPW  Medical Properties (0.01)



Anticorrelated Assets

Assets that tend to move strongly against TARS



ADBE Forecast + Options Trading Strategies   ADBE  Adobe (-0.63)


BIIB Forecast + Options Trading Strategies   BIIB  Biogen (-0.64)


MGPI Forecast + Options Trading Strategies   MGPI  MGP Ingredients (-0.66)


TWO Forecast + Options Trading Strategies   TWO  Two Harbors Investment (-0.69)


BMRN Forecast + Options Trading Strategies   BMRN  Registered Shares (-0.7)









Become a more profitable investor with AI optimized trading strategies






×

Chat with TARS


 Ask any question about TARS!