Options Outlook Based on Big Data: Returns up to 60.35% in 14 Days

Options Outlook

This Options Outlook forecast is part of the Options 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

Options
Package Name: Options
Recommended Positions: Long
Forecast Length: 14 Days (11/11/2020 – 11/25/2020)
I Know First Average: 14.16%
Options Outlook
Options Outlook chart

9 out of 10 stock prices in this forecast for the Options Package moved as predicted by the algorithm. JWN was our best stock pick this week a return of 60.35%. WES and SPR also performed well for this time horizon with returns of 26.68% and 20.1%, respectively. The overall average return in this Options package was 14.16%, providing investors with a 11.79% premium over the S&P 500’s return of 2.37% during the same period.

Nordstrom, Inc. (JWN), a fashion specialty retailer, offers apparel, shoes, cosmetics, and accessories for men, women, and children in the United States and Canada. It operates through two segments, Retail and Credit. The Retail segment offers a selection of brand name and private label merchandise through various channels, including Nordstrom branded full-line stores and online store at Nordstrom.com; Nordstrom Rack stores; Nordstromrack.com and HauteLook; and other retail channels, including Trunk Club showrooms and TrunkClub.com, Jeffrey boutiques, and clearance store that operates under the name Last Chance. The Credit segment operates Nordstrom fsb, a federal savings bank, which provides a private label credit card, two Nordstrom VISA credit cards, and a debit card. Its credit and debit cards feature a shopping-based loyalty program. As of October 21, 2016, the company operated 346 stores in 40 states, including 123 full-line stores in the United States and Canada; 213 Nordstrom Rack stores; 2 Jeffrey boutiques; and 2 clearance stores. Nordstrom, Inc. (JWN) also sells its products through catalogs. The company was founded in 1901 and is based in Seattle, Washington.

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.