WASH Forecast



Bearish<—>Bullish



80% Confidence




Bullish Case: WASH could experience a recovery due to strong dividend support and potential capital raising activities boosting future growth prospects.




Bearish Case: High implied volatility and regulatory risks could hamper WASH, leading to potential declines if market conditions worsen.




Potential Outcomes: 40% chance of flat growth, 30% rebound due to dividend yield, 30% decline from regulatory pressures.




Trading Oracle: Implement a bullish debit spread using WASH 35/40 call options expiring June 2025. High implied volatility suggests potential for rebound, exploiting both upside potential and manageably bounded risk. Consider earnings announcements as strategic timing leverage.



January 28, 2025


Washington Trust Bancorp Forecast

WASH        Washington Trust Bancorp











Correlated Assets

Assets that tend to move strongly with WASH



DPST Forecast + Options Trading Strategies   DPST  Direxion Daily Regional Banks Bull 3X Shares (0.96)


MTB Forecast + Options Trading Strategies   MTB  M & T (0.94)


ZION Forecast + Options Trading Strategies   ZION  Zions Bancorporation N.A (0.94)


MLI Forecast + Options Trading Strategies   MLI  Mueller Industries (0.92)


TRUP Forecast + Options Trading Strategies   TRUP  Trupanion (0.9)



Uncorrelated Assets

Assets with little price relationship to WASH



MFA Forecast + Options Trading Strategies   MFA  MFA Financial (-0.0)


FREY Forecast + Options Trading Strategies   FREY  FREYR Battery (-0.01)


ARKG Forecast + Options Trading Strategies   ARKG  ARK Investment Management LLC - ARK Genomic Revolution (-0.01)


CZR Forecast + Options Trading Strategies   CZR  Caesars Entertainment (-0.01)


AMC Forecast + Options Trading Strategies   AMC  AMC Entertainment (0.01)



Anticorrelated Assets

Assets that tend to move strongly against WASH



ASML Forecast + Options Trading Strategies   ASML  New York Shares (-0.85)


BP Forecast + Options Trading Strategies   BP  BP (-0.85)


EL Forecast + Options Trading Strategies   EL  Estee Lauder Cos. (-0.85)


SPXS Forecast + Options Trading Strategies   SPXS  Direxion Daily S&P 500 Bear 3X Shares (-0.86)


DOG Forecast + Options Trading Strategies   DOG  ProShares Short Dow30 (-0.92)









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