TXG Forecast + Trading Strategies


Bullish Case: TXG's superior gene expression Flex technology in the Genentech benchmark sets it apart, promising enhanced revenue from ongoing product innovation and strong customer base.


Bearish Case: The competitive pressure from Illumina's acquisition of Fluent BioSciences and persistent legal challenges might dampen TXG's market position and keep volatility high.


Potential Outcomes: 40% chance of recovery with increased product adoption. 35% chance of decline due to market competition and legal issues. 25% chance of stagnation with neutral AI price forecasts and insider selling.


Trading Oracle: Initiate short-dated OTM bullish call debit spreads expiring in Dec 2024. Current low implied volatility provides good entry with potential price recovery driven by strong tech edge. Monitor for competitor moves and legal updates, adjusting positions for risk management. Focus on 17.5/20.0 strikes.


July 23, 2024


10x Genomics Forecast

TXG      10x Genomics











Correlated Assets

Assets that tend to move strongly with TXG



VFC Forecast + Options Trading Strategies   VFC  VF (0.84)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.75)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.56)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.58)



Uncorrelated Assets

Assets with little price relationship to TXG



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.56)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.58)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.75)


VFC Forecast + Options Trading Strategies   VFC  VF (0.84)



Anticorrelated Assets

Assets that tend to move strongly against TXG



VFC Forecast + Options Trading Strategies   VFC  VF (0.84)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.75)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.56)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.58)





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