FUNC Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: FUNC's long-term resilience, with a 291.5% increase over a decade and strategic management initiatives, suggests robust growth potential.




Bearish Case: Market volatility and past dividend cuts could undermine FUNC's recovery, causing potential short-term downward pressure despite management efforts.




Potential Outcomes: FUNC stabilizes around $33 (60%); rises to $38 (25%) with positive market, falls to $28 (15%) if negative sentiment prevails.




Trading Oracle: Implement a bull put spread by selling $34 puts and buying $33 puts, expiring in 60 days. This exploits FUNC's stability and caps downside. With implied volatility in a mid-range, expect limited price movement short-term, offering favorable reward:risk.



January 07, 2025


First United Forecast

FUNC        First United











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Uncorrelated Assets

Assets with little price relationship to FUNC



MPWR Forecast + Options Trading Strategies   MPWR  Monolithic Power System (0.01)


KOLD Forecast + Options Trading Strategies   KOLD  ProShares UltraShort Bloomberg Natural Gas (-0.01)


CZR Forecast + Options Trading Strategies   CZR  Caesars Entertainment (0.03)


WY Forecast + Options Trading Strategies   WY  Weyerhaeuser (0.03)


HCC Forecast + Options Trading Strategies   HCC  Warrior Met Coal (-0.04)



Anticorrelated Assets

Assets that tend to move strongly against FUNC



XRX Forecast + Options Trading Strategies   XRX  Xerox (-0.74)


ANET Forecast + Options Trading Strategies   ANET  Arista Networks (-0.75)


BIIB Forecast + Options Trading Strategies   BIIB  Biogen (-0.75)


VAL Forecast + Options Trading Strategies   VAL  Valaris (-0.76)


EL Forecast + Options Trading Strategies   EL  Estee Lauder Cos. (-0.78)









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