Buy and Hold Based on Algorithmic Trading: Returns up to 12.02% in 3 Days

Buy and Hold

This Options forecast is part of the Options Package, as one of I Know First’s algorithmic trading tools. The full Top 10 Options forecast includes daily predictions for the best options to buy and hold for a total of 20 stocks with bullish and bearish signals:

  • Top 10 Call Options
  • Top 10 Put Options

Package Name: Options
Recommended Positions: Long
Forecast Length: 3 Days (10/28/2016 – 10/31/2016)
I Know First Average: 2.00%
Buy and Hold

6 out of 10 option prices in this forecast for the Options Package moved as predicted by the algorithm. The top performing prediction from this package was ^VIX with a return of 12.02%. FFIV and PPC followed with returns of 5.51% and 3.70% for the 3 Days period. The package’s overall average return was 2.00%, providing investors with a 2.32% premium over the S&P 500’s return of -0.32% during the same period.

The CBOE Volatility Index (VIX), is a key measure of market expectations of near-term volatility conveyed by S&P 500 stock index option prices. Since its introduction in 1993, the VIX Index has been considered by many to be the world’s premier barometer of investor sentiment and market volatility.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.