Options Forecast Based on Algorithmic Trading: Returns up to 81.12% in 7 Days

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

Package Name: Options
Recommended Positions: Long
Forecast Length: 7 Days (12/1/23 – 12/8/23)
I Know First Average: 18.41%
Options Forecast
Options Forecast chart

The algorithm correctly predicted 7 out of 10 the suggested trades in the Options Package for this 7 Days forecast. BITF was the highest-earning trade with a return of 81.12% in 7 Days. CLSK and AFRM saw outstanding returns of 65.7% and 22.26%. The package’s overall average return was 18.41%, providing investors with a 17.61% premium over the S&P 500’s return of 0.8% during the same 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.