Options Forecast Based on Big Data Analytics: Returns up to 97.38% 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 (5/31/2020 – 6/8/2020)
I Know First Average: 27.75%
Options Forecast
Options Forecast chart

The algorithm correctly predicted 8 out 10 of the suggested trades in the Options Package for this 7 Days forecast. SAVE was the top performing prediction with a return of 97.38%. The suggested trades for TGI and CAR also had notable 7 Days yields of 69.83% and 49.93%, respectively. The Options package had an overall average return of 27.75%, providing investors with a premium of 21.57% over the S&P 500’s return of 6.18%.

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.