UE Forecast


Bullish Case: UE's strong acquisition activity at attractive spreads and reliable rental income from investment-rated tenants support a continued upward price trend, reflected in its 20.8% three-month price increase and improved FY 2024 guidance.


Bearish Case: High implied volatility in put options and considerable volume in low strike puts signal potential downside risk, indicating market apprehension as confirmed by the recent stock correction after insider selling.


Potential Outcomes: Moderate bullish trend (35%), flat (40%), severe decline (25%), based on historical return surfaces and current price action.


Trading Oracle: Initiate a bull put spread (Helium Short Volatility) for strikes 15/17.5 expiring in Sept 2024 ($15 with strong support). Bullish with 2-month outlook. High probability of profit and potential for premium income due to high implied volatility.


July 16, 2024


Urban Edge Properties Forecast

UE      Urban Edge Properties











Correlated Assets

Assets that tend to move strongly with UE



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.53)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.12)


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


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.46)



Uncorrelated Assets

Assets with little price relationship to UE



VFC Forecast + Options Trading Strategies   VFC  VF (-0.12)


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


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.46)


ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.53)



Anticorrelated Assets

Assets that tend to move strongly against UE



ETRN Forecast + Options Trading Strategies   ETRN  Equitrans Midstream (0.53)


VFC Forecast + Options Trading Strategies   VFC  VF (-0.12)


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


LI Forecast + Options Trading Strategies   LI  Li Auto (-0.46)





Become a more profitable investor with AI optimized trading strategies






×

Chat with UE


 Ask any question about UE!