Options Forecast Based on Machine Learning: Returns up to 39.21% in 3 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

Options
Package Name: Options
Recommended Positions: Long
Forecast Length: 3 Days (10/6/23 – 10/10/23)
I Know First Average: 4.7%
Options Forecast
Options Forecast chart

The algorithm correctly predicted 7 out of 10 the suggested trades in the Options Package for this 3 Days forecast. RAD was our best stock pick with a return of 39.21%. FL and JBL also performed well for this time horizon with returns of 10.62% and 4.13%, respectively. This algorithmic forecast package presented an overall return of 4.7% versus the S&P 500’s performance of 2.35% providing a market premium of 2.35%.

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.