Binary Catalyst Trade: SLS009 Readout Is Make-or-Break for SELLAS - Here's an Actionable Plan
SELLAS Life Sciences (SLS) is trading at $11.79 with a market cap near $2.2B and a heavily shorted float. The market is positioned for a binary clinical readout for SLS009 in acute myeloid leukemia that could produce a dramatic re-rating. This trade idea outlines a long-biased, event-driven plan: entry at $11.79, stop $7.50, target $22.00, with a l…