Options Forecast Based on Algorithmic Trading: Returns up to 13.69% 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 (8/23/2020 – 8/26/2020)
I Know First Average: 2.42%
Options Forecast
Options Forecast chart

I Know First’s State of the Art Algorithm accurately forecasted 6 out of 10 trades in this Options Package for the 3 Days time period. The prediction with the highest return was GRPN, at 13.69%. Further notable returns came from CRBP and JD at 9.1% and 7.2%, respectively. The package itself saw an overall return of 2.42%, providing investors with a 0.02% premium above the S&P 500’s return of 2.4% for the same time period.

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.