Options Forecast Based on Algo Trading: Returns up to 42.2% in 1 Month

Options Forecast

This forecast is part of the Options Package, as one of I Know First’s algorithmic trading tools. The Options Forecast includes Top 10 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 (7/24/22 – 8/24/22)
I Know First Average: 7.82%
Options Forecast
Options Forecast chart

In this 1 Month forecast for the Options Package, there were many high performing trades and the algorithm correctly predicted 6 out of 10 trades. CVNA was the highest-earning trade with a return of 42.2% in 1 Month. The suggested trades for PYPL and FTCH also had notable 1 Month yields of 15.68% and 13.76%, respectively. This algorithmic forecast package presented an overall return of 7.82% versus the S&P 500’s performance of 4.52% providing a market premium of 3.30%.

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.