Options Outlook Based on Pattern Recognition: Returns up to 21.11% in 14 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: 14 Days (4/22/21 – 5/6/21)
I Know First Average: 9.35%
Options Outlook
Options Outlook chart

For this 14 Days forecast the algorithm had successfully predicted 10 out of 10 movements. The top-performing prediction from this package was ERX with a return of 21.11%. Additional high returns came from FAS and CORN, at 20.33% and 17.4% respectively. The Options package had an overall average return of 9.35%, providing investors with a premium of 8.67% over the S&P 500’s return of 0.68%.

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.