FTDR Forecast


Bullish Case: Positive sentiment driven by exclusive Moen deal and improving market reactions point towards favorable price action for FTDR.


Bearish Case: High debt-to-equity ratio and lower-than-expected earnings or economic pressures could pull FTDR lower.


Potential Outcomes: 75% mean reversion; 15% upside due to positive developments; 10% downside from negative earnings or market corrections.


Trading Oracle: Deploy a bullish debit spread: Buy 1 $35 call, sell 1 $40 call expiring in 4 months. Leverage FTDR's volatility and mean reversion tendencies. High reward-to-risk due to recent partnerships.


June 27, 2024


Frontdoor Forecast

FTDR      Frontdoor











Correlated Assets

Assets that tend to move strongly with FTDR



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.27)


VFC Forecast + Options Trading Strategies   VFC  VF (0.01)


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


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.19)



Uncorrelated Assets

Assets with little price relationship to FTDR



VFC Forecast + Options Trading Strategies   VFC  VF (0.01)


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


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.19)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.27)



Anticorrelated Assets

Assets that tend to move strongly against FTDR



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.27)


VFC Forecast + Options Trading Strategies   VFC  VF (0.01)


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


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.19)





Become a more profitable investor with AI optimized trading strategies






×

Chat with FTDR


 Ask any question about FTDR!