Options Forecast Based on Data Mining: Returns up to 158.64% in 3 Months

August 25, 2020

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 Months (5/24/2020 – 8/24/2020)
I Know First Average: 39.62%
Options Forecast
Options Forecast chart

During the 3 Months forecasted period several picks in the Options Package saw significant returns. The algorithm had correctly predicted 9 out 10 returns. The prediction with the highest return was NVAX, at 158.64%. PENN and BIG saw outstanding returns of 83.48% and 65.43%. With these notable trade returns, the package itself registered an average return of 39.62% compared to the S&P 500’s return of 16.1% for the same period.

Novavax, Inc. (NVAX) is a clinical stage biotechnology company. The Company creates novel vaccines to address a broad range of infectious diseases worldwide using proprietary virus-like particle (VLP) technology.

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.

Options