Option Forecast Based on Artificial Intelligence: Returns up to 56.59% in 3 Months
Option Forecast
This 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 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 Months (05/06/2018 – 08/06/2018)
I Know First Average: 18.60%
9 out of 10 stock prices in this forecast for the Options Package moved as predicted by the algorithm. CATO was our best stock pick this week a return of 56.59%. MNRO and AYI followed with returns of 26.26% and 23.35% for the 3 Months period. The package saw an overall yield of 18.60% versus the S&P 500’s return of 7.02% implying a market premium of 11.58%.
The Cato Corporation, together with its subsidiaries, operates as a specialty retailer of fashion apparel and accessories in the Southeastern United States. It operates through two segments, Retail and Credit. The companys stores and e-commerce Website offer a range of apparel and accessories, including dressy, career, and casual sportswear; and dresses, coats, shoes, lingerie, costume jewelry, and handbags for women. It also offers mens wear, as well as lines for kids and newborns. The company operates its stores primarily under the Cato, Cato Fashions, Cato Plus, Its Fashion, Its Fashion Metro, and Versona names. As of January 30, 2016, it operated 1,372 stores in 32 states. The company also provides credit cards to its customers. The Cato Corporation was founded in 1946 and is headquartered in Charlotte, North Carolina.
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
Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.
Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.
