Options Outlook Based on Deep Learning: Returns up to 17.56% in 7 Days
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: 7 Days (3/15/23 – 3/22/23)
I Know First Average: 3.11%
For this 7 Days forecast the algorithm has successfully predicted 7 out of 10 movements. The top-performing prediction in this forecast was RIOT, which registered a return of 17.56%. Further notable returns came from SNAP and TSM at 6.56% and 3.73%, respectively. The package had an overall average return of 3.11%, providing investors with a premium of 2.66% over the S&P 500’s return of 0.45% 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.