Options Forecast Based on Deep Learning: Returns up to 27.62% in 3 Months

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

Package Name: Options
Recommended Positions: Long
Forecast Length: 3 Months (10/22/2019 – 1/22/2020)
I Know First Average: 16.48%
Options Forecast
Options Forecast chart

I Know First’s State of the Art Algorithm accurately forecasted 9 out of 10 trades in this Options Package for the 3 Months time period. The top-performing prediction in this forecast was MX, which registered a return of 27.62%. Other notable stocks were NVDA and TAL with a return of 27.57% and 25.96%. The package had an overall average return of 16.48%, providing investors with a 6.00% premium over the S&P 500’s return of 10.48% during the period.

MagnaChip Semiconductor Corporation (MX) designs and manufactures analog and mixed-signal semiconductor products for consumer, computing, communication, industrial, automotive, and Internet of Things (IoT) applications worldwide. The company operates through two segments, Foundry Services Group, and Standard Products Group. The company provides display solutions, such as source and gate drivers, and timing controllers that cover a range of flat panel displays used in ultra high definition (UHD), high definition, full high definition, light emitting diode (LED), 3D and organic light emitting diodes televisions and displays, notebooks, and mobile communications and entertainment devices. It also offers a range of sensors, such as e-Compass sensors, digital hall sensors, and temperature and humidity sensors; and power management products, including metal oxide semiconductor field effect transistors, insulated gate bipolar mode transistor, power modules, AC-DC and DC-DC converters, LED drivers, solid state drives PMIC, switching regulators, and linear regulators for liquid crystal display, LED, 3D and UHD televisions, smartphones, mobile phones, desktop PCs, notebooks, tablet PCs, other consumer electronics, consumer appliances, and industrial applications, such as power suppliers, LED lighting, and motor control. In addition, it provides foundry services to fabless analog and mixed-signal semiconductor companies and IDMs for the manufacture of display drivers, LED drivers, audio encoding and decoding devices, microcontrollers, touch screen controllers, RF switches, park distance control sensors for automotive, electronic tag memories, and power management semiconductors. It sells its products through direct sales force, as well as through a network of agents and distributors to consumer, computing, and industrial electronics OEMs; original design manufacturers; electronics manufacturing services companies; and subsystem designers. The company is based in Luxembourg.

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.