Options Outlook Based on Pattern Recognition: Returns up to 33.58% in 1 Month

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: 1 Month (11/8/22 – 12/8/22)
I Know First Average: 10.65%
Options Outlook
Options Outlook chart

During the 1 Month forecasted period several picks saw significant returns. The algorithm has correctly predicted 9 out of 10 returns. PTON was our best stock pick with a return of 33.58%. BAND and PACB followed with returns of 25.42% and 18.17% for the 1 Month period. With these notable trade returns, the package itself registered an average return of 10.65% compared to the S&P 500’s return of 4.12% for the same 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.