Options Predictions Based on a Self-learning Algorithm: Returns up to 22.98% in 7 Days

Options Predictions

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

Package Name: Options
Recommended Positions: Long
Forecast Length: 7 Days (11/10/2020 – 11/17/2020)
I Know First Average: 8.0%
Options Predictions
Options Predictions chart

The algorithm correctly predicted 10 out 10 of the suggested trades in the Options Package for this 7 Days forecast. The prediction with the highest return was GUSH, at 22.98%. UWM and IYE also performed well for this time horizon with returns of 10.39% and 9.99%, respectively. With these notable trade returns, the package itself registered an average return of 8.0% compared to the S&P 500’s return of 1.66% 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.