FIGS Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: A potential rebound exists if FIGS successfully expands internationally and leverages growth in healthcare apparel demand, coupled with favorable macroeconomic conditions.




Bearish Case: Persistent challenges include market saturation, high valuations, and competitive pressures, forecasting continued stock underperformance with mean-reverting price action.




Potential Outcomes:
  • Successful market expansion: 20%
  • Earnings disappoint: 40%
  • Stagnation due to competition: 70%
  • Strategic partnership boost: 30%




Trading Oracle: Engage in short volatility via credit spreads, as high implied volatility suggests shorting January 2025 FIGS $5 puts. Target a 6-month outlook, benefitting from potential mean reversion. High reward:risk with 60% chance of stabilization or decline makes this a strategic opportunity.



January 10, 2025


Figs Forecast

FIGS        Figs











Correlated Assets

Assets that tend to move strongly with FIGS



CALX Forecast + Options Trading Strategies   CALX  Calix (0.63)


RDFN Forecast + Options Trading Strategies   RDFN  Redfin (0.62)


EPR Forecast + Options Trading Strategies   EPR  EPR Properties (0.62)


DHC Forecast + Options Trading Strategies   DHC  Diversified Healthcare (0.61)


GMRE Forecast + Options Trading Strategies   GMRE  Global Medical REIT (0.59)



Uncorrelated Assets

Assets with little price relationship to FIGS



LICY Forecast + Options Trading Strategies   LICY  Li-Cycle Holdings Corp (0.0)


LYV Forecast + Options Trading Strategies   LYV  Live Nation Entertainment (-0.0)


WW Forecast + Options Trading Strategies   WW  WW International (0.0)


ASAN Forecast + Options Trading Strategies   ASAN  Asana (-0.0)


BYND Forecast + Options Trading Strategies   BYND  Beyond Meat (-0.0)



Anticorrelated Assets

Assets that tend to move strongly against FIGS



AAP Forecast + Options Trading Strategies   AAP  Advance Auto Parts (-0.44)


CLSK Forecast + Options Trading Strategies   CLSK  Cleanspark (-0.46)


FENY Forecast + Options Trading Strategies   FENY  Fidelity Covington Trust - Fidelity MSCI Energy Index (-0.49)


XOP Forecast + Options Trading Strategies   XOP  SPDR Oil & Gas Exploration and Production (-0.56)


APH Forecast + Options Trading Strategies   APH  Amphenol (-0.57)









Become a more profitable investor with AI optimized trading strategies






×

Chat with FIGS


 Ask any question about FIGS!