Options Outlook Based on Algorithmic Trading: Returns up to 129.61% in 1 Month

Options Outlook

This forecast is part of the Options Package, as one of I Know First’s algorithmic trading tools. The Options Outlook includes Top 10 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: 1 Month (10/27/24 – 11/27/24)
I Know First Average: 27.04%
Options Outlook
Options Outlook chart

I Know First’s State of the Art Algorithm accurately forecasted 6 out of 10 trades in this Options Package for the 1 Month time period. RKLB was the highest-earning trade with a return of 129.61% in 1 Month. IONQ and PTON saw outstanding returns of 89.92% and 54.94%. The package had an overall average return of 27.04%, providing investors with a premium of 23.76% over the S&P 500’s return of 3.28% during the same period.

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.