Options Forecast Based on Algo Trading: Returns up to 17.65% in 3 Days

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

Options
Package Name: Options
Recommended Positions: Long
Forecast Length: 3 Days (12/8/2019 – 12/12/2019)
I Know First Average: 5.17%
Options Forecast
Options Forecast chart

Several predictions in this 3 Days forecast saw significant returns. The algorithm had correctly predicted 9 out 10 stock movements. The top-performing prediction in this forecast was QUIK, which registered a return of 17.65%. Other notable stocks were AKS and PAAS with a return of 8.98% and 7.27%. The package’s overall average return was 5.17%, providing investors with a 4.45% premium over the S&P 500’s return of 0.72% during the same period.

QuickLogic Corporation, (QUIK), a fabless semiconductor company, develops and markets low power customizable semiconductor and software algorithm solutions for smartphones, wearable devices, tablets, and the Internet-of-Things.

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.