Options Outlook Based on Pattern Recognition: Returns up to 16.7% in 7 Days

February 7, 2021

Options Outlook

This forecast is part of the Options Package, as one of I Know First’s algorithmic trading tools. The full Top 10 Options outlook 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

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Package Name: Options
Recommended Positions: Long
Forecast Length: 7 Days (1/29/21 – 2/6/21)
I Know First Average: 7.31%
Options Outlook
Options Outlook chart

For this 7 Days forecast the algorithm had successfully predicted 9 out of 10 movements. The top performing prediction from this package was UCO with a return of 16.7%. UWM and GUSH saw outstanding returns of 12.6% and 9.33%. The Options package had an overall average return of 7.31%, providing investors with a premium of 4.68% over the S&P 500’s return of 2.63%.

The investment seeks to provide daily investment results (before fees and expenses) that correspond to twice the daily performance of the Bloomberg WTI Crude Oil SubindexSM. The “Ultra” Funds seek daily results that match (before fees and expenses) two times (2x) the daily performance of a benchmark.

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.

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