Options Outlook Based on Predictive Analytics: Returns up to 114.56% in 7 Days

November 26, 2020

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 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 (11/18/2020 – 11/25/2020)
I Know First Average: 28.37%
Options Outlook
Options Outlook chart

The algorithm correctly predicted 8 out 10 of the suggested trades in the Options Package for this 7 Days forecast. The highest trade return came from FCEL, at 114.56%. BLNK and SM also performed well for this time horizon with returns of 76.37% and 47.17%, respectively. This algorithmic forecast package presented an overall return of 28.37% versus S&P 500’s performance of 0.56% providing a market premium of 27.81%.

FuelCell Energy, Inc., together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation.

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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