Options Outlook Based on Pattern Recognition: Returns up to 22.89% 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
Package Name: Options
Recommended Positions: Long
Forecast Length: 14 Days (9/11/24 – 9/25/24)
I Know First Average: 8.31%
The algorithm correctly predicted 8 out of 10 the suggested trades in the Options Package for this 14 Days forecast. The highest trade return came from AAOI, at 22.89%. Other notable stocks were XPEV and TSLA with a return of 19.2% and 13.64%. The package saw an overall yield of 8.31% versus the S&P 500’s return of 4.13% implying a market premium of 4.18%.
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.