Options Outlook Based on Big Data: Returns up to 42.74% in 3 Months

May 12, 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 (2/11/2020 – 5/11/2020)
I Know First Average: 4.1%
Options Outlook
Options Outlook chart

The algorithm correctly predicted 6 out 10 of the suggested trades in the Options Package for this 3 Months forecast. EXEL was the top performing prediction with a return of 42.74%. Other notable stocks were PETS and NVDA with a return of 27.44% and 22.68%. The overall average return in this Options package was 4.1%, providing investors with a 16.68% premium over the S&P 500’s return of -12.58% during the same period.

Exelixis Inc.  (EXEL) is a biopharmaceutical company. The Company is engaged in developing small molecule therapies for the treatment of cancer. The Company is focusing on resources development and commercialization of COMETRIQ (cabozantinib) for the treatment of progressive, metastatic medullary thyroid cancer (MTC) in the United States.

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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