CFG Forecast + Trading Strategies


Bullish Case: CFG's stable implied volatility and diversified portfolio support a compelling bullish case, as it indicates manageable risk and potential gains from sector stability.


Bearish Case: Persistent mean reversion, high relative market implied volatility, and recent bearish market sentiment position CFG for potential downside risk.


Potential Outcomes: 40% chance of stable market performance driven by solid financials; 35% chance of price uptick from strategic business moves; 25% risk of decline given the high implied volatility and recent bearish signals.


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July 16, 2024


Citizens Financial Forecast

CFG      Citizens Financial











Correlated Assets

Assets that tend to move strongly with CFG



FITB Forecast + Options Trading Strategies   FITB  Fifth Third Bancorp (0.97)


FHN Forecast + Options Trading Strategies   FHN  First Horizon (0.97)


VYM Forecast + Options Trading Strategies   VYM  Vanguard High Dividend Yield Indx (0.96)


DVY Forecast + Options Trading Strategies   DVY  BlackRock Institutional Trust Company N.A. - iShares Select Dividend (0.96)


PNC Forecast + Options Trading Strategies   PNC  PNC Financial Services (0.95)



Uncorrelated Assets

Assets with little price relationship to CFG



ALGN Forecast + Options Trading Strategies   ALGN  Align Technology (-0.0)


CVS Forecast + Options Trading Strategies   CVS  CVS Health (-0.0)


LSXMA Forecast + Options Trading Strategies   LSXMA  Liberty Media Corp. (Tracking Stock - SiriusXM) Series (-0.0)


EBS Forecast + Options Trading Strategies   EBS  Emergent Biosolutions (0.0)


QID Forecast + Options Trading Strategies   QID  ProShares UltraShort QQQ (0.0)



Anticorrelated Assets

Assets that tend to move strongly against CFG



SDOW Forecast + Options Trading Strategies   SDOW  ProShares UltraPro Short Dow30 (-0.9)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.92)


SH Forecast + Options Trading Strategies   SH  ProShares Short S&P500 (-0.92)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.93)


SRTY Forecast + Options Trading Strategies   SRTY  ProShares UltraPro Short Russell2000 (-0.93)





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