Options Forecast Based on Machine Learning: Returns up to 85.78% in 7 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
Package Name: Options
Recommended Positions: Long
Forecast Length: 7 Days (9/10/23 – 9/17/23)
I Know First Average: 13.25%
During the 7 Days forecasted period several picks in the Options Package saw significant returns. The algorithm has correctly predicted 6 out of 10 returns. ACB was the highest-earning trade with a return of 85.78% in 7 Days. Additional high returns came from CGC and SNDL, at 44.88% and 10.26% respectively. With these notable trade returns, the package itself registered an average return of 13.25% compared to the S&P 500’s return of -0.16% for the same period.
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.