HBAN Forecast + Trading Strategies




Price Forecast:




80% Confidence

Bearish<->Bullish




Bullish Case: With solid loan growth and projections for record net interest income in 2025, HBAN may experience upward price momentum, supported by positive earnings expectations.




Bearish Case: Analyst downgrades and market volatility could pressure HBAN's price further, especially amid rising funding costs and financial turbulence from competitors.




Potential Outcomes:
  • 35% chance of stable price rebound due to positive sentiment and earnings growth.
  • 30% chance of continued price decline due to uncertainty and potential downgrades.
  • 25% chance of sideways movement as the market weighs mixed signals.




Trading Oracle: Engage a bull call spread by buying $17 calls and selling $18 calls, aiming to leverage modest upside potential. Given bearish indicators, consider hedging with a short put spread to mitigate risk while capturing premium from high implied volatility. This offers a balance between risk and reward.



December 13, 2024


Huntington Bancshares Forecast

HBAN        Huntington Bancshares











Correlated Assets

Assets that tend to move strongly with HBAN



EWC Forecast + Options Trading Strategies   EWC  BlackRock Institutional Trust Company N.A. - iShares MSCI Canada (0.93)


UNM Forecast + Options Trading Strategies   UNM  Unum (0.92)


RF Forecast + Options Trading Strategies   RF  Regions Financial (0.92)


FHN Forecast + Options Trading Strategies   FHN  First Horizon (0.91)


OMC Forecast + Options Trading Strategies   OMC  Omnicom Group (0.9)



Uncorrelated Assets

Assets with little price relationship to HBAN



SKYT Forecast + Options Trading Strategies   SKYT  SkyWater Technology (-0.0)


WPC Forecast + Options Trading Strategies   WPC  W. P. Carey (-0.01)


XOP Forecast + Options Trading Strategies   XOP  SPDR Oil & Gas Exploration and Production (0.01)


BBAI Forecast + Options Trading Strategies   BBAI  BigBear.ai (-0.03)


DDOG Forecast + Options Trading Strategies   DDOG  Datadog (0.03)



Anticorrelated Assets

Assets that tend to move strongly against HBAN



APLS Forecast + Options Trading Strategies   APLS  Apellis Pharmaceuticals (-0.77)


DLTR Forecast + Options Trading Strategies   DLTR  Dollar Tree (-0.77)


BIIB Forecast + Options Trading Strategies   BIIB  Biogen (-0.78)


WBA Forecast + Options Trading Strategies   WBA  Walgreens Boots Alliance (-0.78)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.82)









Become a more profitable investor with AI optimized trading strategies






×

Chat with HBAN


 Ask any question about HBAN!