Options Forecast Based on Artificial Intelligence: Returns up to 17.32% in 14 Days

Options Forecast

This forecast is part of the Options Package, as one of I Know First’s algorithmic trading tools. The full Top 20 Options forecast includes daily predictions for the best options to buy for a total of 40 stocks with bullish and bearish signals:

  • Top 20 Call Options
  • Top 20 Put Options

Options
Package Name: Options
Recommended Positions: Long
Forecast Length: 14 Days (04/10/2019 – 04/24/2019)
I Know First Average: 4.25%
Options Forecast

The algorithm correctly predicted 15 out 20 of the suggested trades in the Options Package for this 14 Days forecast. MRVL was the highest-earning trade with a return of 17.32% in 14 Days. Additional high returns came from XPO and ENZ, at 15.41% and 10.03% respectively. The package had an overall average return of 4.25%, providing investors with a 2.55% premium over the S&P 500’s return of 1.70% during the period.

Marvell Technology Group Ltd. designs, develops, and markets analog, mixed-signal, digital signal processing, and embedded and standalone integrated circuits. It offers a range of storage products, such as hard disk drive (HDD) and solid-state drive controllers, as well as HDD components, such as HDD preamps components; and develops software enabled silicon solutions consisting of serial advanced technology attachment port multipliers, bridges, serial attached SCSI, and non-volatile memory express redundant array of independent disks controllers and converged storage processors for enterprise, data centers, and cloud computing businesses. The company also provides networking products comprising Ethernet solutions comprising Ethernet switches, Ethernet physical-layer transceivers, and single-chip network interface devices; and embedded communication processors. In addition, it offers a portfolio of connectivity solutions, including Wi-Fi, and Wi-Fi/Bluetooth integrated system-on-a-chip products, which are integrated into a variety of end devices, such as enterprise access points, home gateways, multimedia devices, gaming products, printers, automotive infotainment and telematics units, and smart industrial devices. Further, the company provides printer-specific standard products, as well as full-custom application-specific integrated circuits; and communications and applications processors. It has operations in the United States, China, Thailand, Malaysia, the Philippines, India, Israel, Japan, Singapore, South Korea, Taiwan, and Vietnam. Marvell Technology Group Ltd. was founded in 1995 and is headquartered in Hamilton, Bermuda.

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 20 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.