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: 1 Month (8/7/24 – 9/7/24)
I Know First Average: 7.48%

The algorithm correctly predicted 8 out of 10 the suggested trades in the Options Package for this 1 Month forecast. CLOV was the highest-earning trade with a return of 37.16% in 1 Month. Further notable returns came from UNIT and EOSE at 27.36% and 21.91%, respectively. The Options package had an overall average return of 7.48%, providing investors with a premium of 4.27% over the S&P 500’s return of 3.21%.

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.