PINE Forecast


Bullish Case: PINE's stable dividends (7.2% yield) and recent portfolio investments signal strength. Promising acquisitions and strong tenant base underpin a potential value increase.


Bearish Case: Issues with tenant bankruptcies and rising interest rates could pressure earnings. High implied volatility and negative interest rate trends pose significant risks.


Potential Outcomes: Tenant financial issues (30%), share repurchases (60%), declining rates boosting asset values (35%), dividend growth (50%), tenant bankruptcies (20%).


Trading Oracle: Employ short volatility strategies via credit spreads in PINE options. Position with a neutral to slight bullish bias, leveraging stable dividends and disregarding high implied volatility. Consider expiries within the next 3-6 months.


July 19, 2024


Alpine Income Property Forecast

PINE      Alpine Income Property











Correlated Assets

Assets that tend to move strongly with PINE



VFC Forecast + Options Trading Strategies   VFC  VF (0.76)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.54)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.3)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.46)



Uncorrelated Assets

Assets with little price relationship to PINE



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.3)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.46)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.54)


VFC Forecast + Options Trading Strategies   VFC  VF (0.76)



Anticorrelated Assets

Assets that tend to move strongly against PINE



VFC Forecast + Options Trading Strategies   VFC  VF (0.76)


LI Forecast + Options Trading Strategies   LI  Li Auto (0.54)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (-0.3)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (-0.46)





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