Stock Picking Algorithm Based on Big Data: Returns up to 19.18% in 1 Month

Stock Picking Algorithm

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 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: 1 Month (10/20/2017 – 11/20/2017)
I Know First Average: 6.23%
Stock Picking Algorithm

8 out of 10 option prices in this forecast for the Options Package moved as predicted by the algorithm. The top-performing prediction in this forecast was URBN, which registered a return of 19.18%. Other notable stocks were PPC and INTC with a return of 16.30% and 11.95%. The package had an overall average return of 6.23%, providing investors with a premium of 5.45% over the S&P 500’s return of 0.78% during the same period.

Urban Outfitters, Inc. engages in the retail and wholesale of general consumer products. It operates through two segments, Retail and Wholesale. The company retails women’s and men’s fashion apparel, intimates, footwear, beauty and accessories, home goods, activewear, and electronics for young adults aged 18 to 28 under the Urban Outfitters brand; and assortment, including women’s casual apparel and accessories, intimates, shoes, beauty, home furnishings, and various gifts and decorative items for women aged 28 to 45 under the Anthropologie brand.

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.