Options Forecast Based on Stock Prediction Algorithm: Returns up to 6.58% in 3 Days

November 5, 2019

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 stock options with bullish and bearish signals:

  • Top 10 Call Options
  • Top 10 Put Options

Options
Package Name: Options
Recommended Positions: Long
Forecast Length: 3 Days (11/1/2019 – 11/4/2019)
I Know First Average: 3.31%
Options Forecast
Options Forecast chart

The algorithm correctly predicted 10 out 10 of the suggested trades in the Options Package for this 3 Days forecast. CRUS was the highest-earning trade with a return of 6.58% in 3 Days. The suggested trades for SPAR and CRAI also had notable 3 Days yields of 5.67% and 4.77%, respectively. The package itself saw an overall return of 3.31%, providing investors with a 2.34% premium above the S&P 500’s return of 0.97% for the same time period.

Cirrus Logic Inc. (CRUS)  is located in Austin, Texas since 2015 where they still have their headquarters. They are the suppliers of fabless semiconductor that specializes in analog, mixed-signal, and audioDSP integrated circuits.

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.

Options