Options Outlook Based on Genetic Algorithms: Returns up to 89.47% 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 (8/15/24 – 11/15/24)
I Know First Average: 39.67%
During the 3 Months forecasted period several picks in the Options Package saw significant returns. The algorithm has correctly predicted 10 out of 10 returns. UPST was the highest-earning trade with a return of 89.47% in 3 Months. The suggested trades for CVNA and SHOP also had notable 3 Months yields of 69.72% and 51.54%, respectively. The package had an overall average return of 39.67%, providing investors with a 32.06% premium over the S&P 500’s return of 7.61% during the 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.