Options Outlook Based on a Self-learning Algorithm: Returns up to 587.81% in 3 Months

August 5, 2020

Options Outlook

This forecast is part of the Options Package, as one of I Know First’s algorithmic trading tools. The full Top 10 Options outlook 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: 3 Months (5/3/2020 – 8/4/2020)
I Know First Average: 95.76%
Options Outlook
Options Outlook chart

For this 3 Months forecast the algorithm had successfully predicted 9 out of 10 movements. The top-performing prediction in this forecast was OSTK, which registered a return of 587.81%. TWOU and SHOP saw outstanding returns of 97.82% and 76.0%. The Options package had an overall average return of 95.76%, providing investors with a premium of 78.95% over the S&P 500’s return of 16.81%.

Overstock.com, Inc. operates as an online retailer in the United States. The company operates through two segments, Direct and Partner. It offers brand name, non-brand name, and closeout products, including furniture, home decor, bedding and bath, housewares, jewelry and watches, apparel and designer accessories, health and beauty products, electronics and computers, and sporting goods, among other products; and sells various books, magazines, CDs, DVDs, and video games.

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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