SKT Forecast


Bullish Case: Strong acquisitions and strategic divestitures strengthen SKT financials and occupancy rates. Positive trends in rent spreads and dividend increases also support upward momentum.


Bearish Case: High implied volatility and potential recession risks threaten SKT. Elevated valuation ratios and economic uncertainty may lead to stock price corrections, impacting investor confidence.


Potential Outcomes: Current volatility suggests 40% chance of correction, 30% steady minimal growth, 20% growth through strategic acquisitions, and 10% mixed performance. Recession concerns add risk.


Trading Oracle: Initiate a bearish long volatility strategy via debit put spreads expiring in 66 days: buy 1 $27 put, sell 1 $25 put. This leverages high implied volatility, recession risk, and offers high reward:risk with strong alpha.


July 12, 2024


Tanger Factory Outlet Centers Forecast

SKT      Tanger Factory Outlet Centers











Correlated Assets

Assets that tend to move strongly with SKT



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.7)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.19)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.4)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.43)



Uncorrelated Assets

Assets with little price relationship to SKT



XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.19)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.4)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.43)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.7)



Anticorrelated Assets

Assets that tend to move strongly against SKT



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.7)


XLE Forecast + Options Trading Strategies   XLE  Energy Select Sector SPDR (0.19)


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.4)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.43)





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