Options Outlook Based on a Self-learning Algorithm: Returns up to 48.82% in 14 Days

October 14, 2020

Options Outlook

ThisOptions Outlook 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 stocks with bullish and bearish signals:

  • Top 10 Call Options
  • Top 10 Put Options

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Package Name: Options
Recommended Positions: Long
Forecast Length: 14 Days (9/29/2020 – 10/13/2020)
I Know First Average: 13.02%
Options Outlook
Options Outlook chart

During the 14 Days forecasted period several picks in the Options Package saw significant returns. The algorithm had correctly predicted 7 out 10 returns. BBBY was the top performing prediction with a return of 48.82%. The suggested trades for MVIS and PEIX also had notable 14 Days yields of 37.82% and 34.54%, respectively. With these notable trade returns, the package itself registered an average return of 13.02% compared to the S&P 500’s return of 4.78% for the same period.

Bed Bath & Beyond Inc., incorporated on October 5, 1971, is a retailer, which operates under the names Bed Bath & Beyond (BBB), Christmas Tree Shops, Christmas Tree Shops andThat! or andThat! (collectively, CTS), Harmon or Harmon Face Values (collectively, Harmon), buybuy BABY (Baby) and World Market, Cost Plus World Market or Cost Plus (collectively, Cost Plus World Market). The Company operates in two segments: North American Retail and Institutional Sales.

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.

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