Options Forecast Based on Artificial Intelligence: Returns up to 65.17% 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 (10/18/24 – 10/25/24)
I Know First Average: 8.67%
I Know First’s State of the Art Algorithm accurately forecasted 6 out of 10 trades in this Options Package for the 7 Days time period. The top performing prediction from this package was LTBR with a return of 65.17%. IONQ and CIFR also performed well for this time horizon with returns of 35.68% and 13.28%, respectively. This algorithmic forecast package presented an overall return of 8.67% versus the S&P 500’s performance of -0.57% providing a market premium of 9.24%.
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.