Options Forecast Based on Pattern Recognition: Returns up to 81.05% in 1 Month

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: 1 Month (6/23/23 – 7/24/23)
I Know First Average: 23.33%
Options Forecast
Options Forecast chart

The algorithm correctly predicted 8 out of 10 the suggested trades in the Options Package for this 1 Month forecast. CVNA was the highest-earning trade with a return of 81.05% in 1 Month. Other notable stocks were MARA and OPEN with a return of 38.8% and 38.49%. The package had an overall average return of 23.33%, providing investors with a 19.39% premium over the S&P 500’s return of 3.94% during the 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.