BRSP Forecast


Bullish Case: Significant insider ownership and recent stock additions suggest confidence. Low price-to-book ratio indicates undervaluation. Dividends remain attractive with a high yield.


Bearish Case: Institutional ownership can lead to volatility if major shareholders sell. High implied volatility and recent downgrades highlight market uncertainty and potential downside.


Potential Outcomes: Q2 earnings beat (60%); Dividend cut (25%); Institutional sell-off (15%). Influences: CRE market dynamics, interest rates, institutional behavior.


Trading Oracle: Trade bearish with short-term credit spreads. High implied volatility suggests profitability in hedging downside risks. Enter positions with 1-3 month expirations to capitalize on potential market volatility and recent downgrades.


June 27, 2024


BrightSpire Forecast

BRSP      BrightSpire











Correlated Assets

Assets that tend to move strongly with BRSP



VFC Forecast + Options Trading Strategies   VFC  VF (0.57)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.44)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.18)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.46)



Uncorrelated Assets

Assets with little price relationship to BRSP



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.18)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.44)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.46)


VFC Forecast + Options Trading Strategies   VFC  VF (0.57)



Anticorrelated Assets

Assets that tend to move strongly against BRSP



VFC Forecast + Options Trading Strategies   VFC  VF (0.57)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.44)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.18)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.46)





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