Option Forecast Based on Predictive Analytics : Returns up to 30.69% in 3 Days

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

Options
Package Name: Options
Recommended Positions: Long
Forecast Length: 3 Days (10/05/2018 – 10/08/2018)
I Know First Average: 6.90%
Option Forecast

Several predictions in this short-term 3 Days forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. CIG was the top performing prediction with a return of 30.69%. GOL and ITUB saw outstanding returns of 23.71% and 9.14%. With these notable trade returns, the package itself registered an average return of 6.90% compared to the S&P 500’s return of -0.59% for the same period.

Companhia Energética de Minas Gerais S.A. (CIG), through its subsidiaries, engages in the generation, transmission, distribution, and trading of electric energy in Brazil. It also distributes natural gas. The company was founded in 1952 and is headquartered in Belo Horizonte, Brazil.

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.