Options Outlook Based on Machine Learning: Returns up to 26.61% 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

Options
Package Name: Options
Recommended Positions: Long
Forecast Length: 7 Days (11/19/23 – 11/26/23)
I Know First Average: 5.2%
Options Outlook
Options Outlook chart

During the 7 Days forecasted period several picks in the Options Package saw significant returns. The algorithm has correctly predicted 8 out of 10 returns. The top performing prediction from this package was HRTX with a return of 26.61%. Additional high returns came from EDIT and SONO, at 8.18% and 5.91% respectively. The Options package had an overall average return of 5.2%, providing investors with a premium of 4.20% over the S&P 500’s return of 1.0%.

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.