Options Outlook Based on Data Mining: Returns up to 7.27% in 7 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

Package Name: Options
Recommended Positions: Long
Forecast Length: 7 Days (12/8/2020 – 12/15/2020)
I Know First Average: 2.38%
Options Outlook
Options Outlook chart

The algorithm correctly predicted 6 out 10 of the suggested trades in the Options Package for this 7 Days forecast. The prediction with the highest return was GUSH, at 7.27%. The suggested trades for UWM and UCO also had notable 7 Days yields of 7.25% and 6.33%, respectively. The package itself saw an overall return of 2.38%, providing investors with a 2.31% premium above the S&P 500’s return of 0.07% 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.