Options Outlook Based on Big Data: Returns up to 147.44% in 3 Months
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
Package Name: Options
Recommended Positions: Long
Forecast Length: 3 Months (8/11/24 – 11/11/24)
I Know First Average: 48.78%
During the 3 Months forecasted period several picks in the Options Package saw significant returns. The algorithm has correctly predicted 9 out of 10 returns. INOD was the top performing prediction with a return of 147.44%. UPST and LUMN also performed well for this time horizon with returns of 113.74% and 81.69%, respectively. The package itself saw an overall return of 48.78%, providing investors with a 36.48% premium above the S&P 500’s return of 12.3% for the same time 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.