Options Outlook Based on AI: Returns up to 12.3% in 3 Days

Options Outlook

This forecast is part of the Options Outlook 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

Package Name: Options
Recommended Positions: Long
Forecast Length: 3 Days (2/2/2020 – 2/5/2020)
I Know First Average: 5.51%
Options Outlook
Options Outlook chart

The algorithm correctly predicted 9 out 10 of the suggested trades in the Options Package for this 3 Days forecast. The greatest return came from QUIK at 12.3%. Other notable stocks were AKRX and AGYS with a return of 11.77% and 9.08%. The package saw an overall yield of 5.51% versus the S&P 500’s return of 3.38% implying a market premium of 2.13%.

QuickLogic Corporation, (QUIK), a fabless semiconductor company, develops and markets low power customizable semiconductor and software algorithm solutions for smartphones, wearable devices, tablets, and the Internet-of-Things.

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.