Options 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: 14 Days (06/28/2019 – 07/13/2019)
I Know First Average: 10.77%

The algorithm correctly predicted 6 out 10 of the suggested trades in the Options Package for this 14 Days forecast. OMN was the highest-earning trade with a return of 53.62% in 14 Days. Additional high returns came from WDC and MU, at 24.13% and 16.92% respectively. The package had an overall average return of 10.77%, providing investors with a 7.73% premium over the S&P 500’s return of 3.04% during the period.

OMNOVA Solutions Inc. (OMN) provides emulsion polymers, specialty chemicals, and engineered surfaces for various commercial, industrial, and residential end uses in North America, Europe, and Asia. The company operates in two segments, Performance Chemicals and Engineered Surfaces. The Performance Chemicals segment produces a range of emulsion polymers and specialty chemicals, including latices, hollow plastic pigments, resins, binders, adhesives, specialty rubbers, antioxidants, and elastomeric modifiers, which are used in oil and gas drilling and production, specialty coatings, paper and packaging, carpet, nonwovens, construction, adhesives, tape, tires, floor care, textiles, graphic arts, polymer stabilization, industrial rubbers and thermoplastics, synthetic latex gloves, and various other specialty applications. This segment primarily sells its products directly to manufacturers. The Engineered Surfaces segment designs, develops, produces, and markets functional and decorative surfacing products, such as coated fabrics, vinyl, paper and specialty laminates, and industrial films. Its products are used in various applications, such as commercial building refurbishment, and remodeling and new construction; kitchen and bath cabinets, manufactured housing, flooring, commercial and residential furniture, retail display fixtures, home furnishings, and commercial appliances; transport industry; and various applications for flooring, banners, tents, and ceiling tiles. This segment distributes its products primarily through a direct sales force and agents to manufacturers of cabinets, furniture, seating and health care components, and other products. OMNOVA Solutions Inc. (OMN) was founded in 1999 and is headquartered in Beachwood, Ohio.

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.