FC Forecast


Bullish Case: Strong anticipated growth in personal development trends could favor FC, leveraging a growing market valued at $57.3 billion by 2030. Historic returns suggest positive price momentum over longer holding periods.


Bearish Case: Market volatility is high with August options reflecting significant uncertainty. Recent performance declines compared to a year ago may indicate potential bearish pressure, especially with the company's recent forecast showing flat growth.


Potential Outcomes:

1. Market stability increases (60% chance): FC appreciates past $45.

2. Earnings surprise positively (25% chance): FC, rises above $50.

3. High volatility persists (15% chance): FC drops below $35.


Trading Oracle: Consider executing a bullish debit spread with the FC 45.00 C and 50.00 C options. This captures upward momentum if the stock approaches its highs while minimizing risk. Time outlook is 60 days until expiration to leverage potential earnings volatility.


July 25, 2024


Franklin Covey Forecast

FC      Franklin Covey











Correlated Assets

Assets that tend to move strongly with FC



VFC Forecast + Options Trading Strategies   VFC  VF (0.68)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.48)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.18)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.42)



Uncorrelated Assets

Assets with little price relationship to FC



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.18)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.42)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.48)


VFC Forecast + Options Trading Strategies   VFC  VF (0.68)



Anticorrelated Assets

Assets that tend to move strongly against FC



VFC Forecast + Options Trading Strategies   VFC  VF (0.68)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.48)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.18)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.42)





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