Options Outlook Based on Algo Trading: Returns up to 20.16% in 7 Days

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

Options
Package Name: Options
Recommended Positions: Long
Forecast Length: 7 Days (1/6/2020 – 1/13/2020)
I Know First Average: 7.7%
Options Outlook
Options Outlook chart

I Know First’s State of the Art Algorithm accurately forecasted 8 out of 10 trades in this Options Package for the 7 Days time period. QUIK was our best stock pick this week a return of 20.16%. SOHU and TAL followed with returns of 16.17% and 12.31% for the 7 Days period. With these notable trade returns, the package itself registered an average return of 7.7% compared to the S&P 500’s return of 1.65% for the same period.

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.