FA Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: FA could benefit from tech sector growth and job market improvements, supported by social media optimism.Helium




Bearish Case: High implied volatility and low trading volume signal potential downside risks amidst macroeconomic uncertainties.[67]




Potential Outcomes:

1. Continued flat performance (60%),

2. Upside from tech sector growth (30%),

3. Increased downside volatility (10%).HeliumHelium




Trading Oracle: Implement a bearish short straddle by selling both FA 15.00 calls and puts expiring in 07/2025. Leverage high IV to capture premium decay, expecting flat or bearish movement. This strategy offers a high probability-of-profit and strong reward:risk ratio in current market conditions.



January 15, 2025


First Advantage Forecast

FA        First Advantage











Correlated Assets

Assets that tend to move strongly with FA



CSTL Forecast + Options Trading Strategies   CSTL  Castle Biosciences (0.85)


CWAN Forecast + Options Trading Strategies   CWAN  Clearwater Analytics Holdings (0.85)


COMM Forecast + Options Trading Strategies   COMM  CommScope (0.83)


INFY Forecast + Options Trading Strategies   INFY  Infosys (0.83)


BABA Forecast + Options Trading Strategies   BABA  Alibaba (0.81)



Uncorrelated Assets

Assets with little price relationship to FA



GTLB Forecast + Options Trading Strategies   GTLB  Gitlab (-0.01)


SHIP Forecast + Options Trading Strategies   SHIP  Seanergy Maritime (-0.03)


CWH Forecast + Options Trading Strategies   CWH  Camping World (-0.04)


WHR Forecast + Options Trading Strategies   WHR  Whirlpool (-0.05)


CMC Forecast + Options Trading Strategies   CMC  Commercial Metals (-0.06)



Anticorrelated Assets

Assets that tend to move strongly against FA



LEA Forecast + Options Trading Strategies   LEA  Lear (-0.73)


RILY Forecast + Options Trading Strategies   RILY  B. Riley Financial (-0.74)


PTEN Forecast + Options Trading Strategies   PTEN  Patterson-UTI Energy (-0.76)


RIG Forecast + Options Trading Strategies   RIG  Transocean (-0.77)


OXY Forecast + Options Trading Strategies   OXY  Occidental Petroleum (-0.81)









Become a more profitable investor with AI optimized trading strategies






×

Chat with FA


 Ask any question about FA!