Options Forecast Based on Big Data Analytics: Returns up to 19.65% in 7 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: 7 Days (7/1/2020 – 7/8/2020)
I Know First Average: 5.76%
Options Forecast
Options Forecast chart

Several predictions in this 7 Days forecast saw significant returns. The algorithm had correctly predicted 7 out 10 stock movements. OPK was the highest-earning trade with a return of 19.65% in 7 Days. NVAX and PLUG followed with returns of 17.94% and 15.71% for the 7 Days period. The package’s overall average return was 5.76%, providing investors with a 3.51% premium over the S&P 500’s return of 2.25% during the same period.

OPKO Health, Inc., incorporated on November 18, 1991, is a diversified healthcare company. The Company’s segments include Pharmaceutical, Diagnostics and Corporate. The pharmaceutical segment consists of the pharmaceutical operations in Chile, Mexico, Ireland, Israel and Spain and its pharmaceutical research and development operations. The diagnostics segment primarily consists of the clinical laboratory operations in Bio-Reference Laboratories (Bio-Reference) and its point-of-care operations.

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.