Options Predictions Based on Algo Trading: Returns up to 36.76% in 3 Months

March 3, 2020

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

Options
Package Name: Options
Recommended Positions: Long
Forecast Length: 3 Months (12/1/2019 – 3/2/2020)
I Know First Average: 8.99%
Options Predictions
Options Predictions chart

For this 3 Months forecast the algorithm had successfully predicted 6 out of 10 movements. MTL was the highest-earning trade with a return of 36.76% in 3 Months. Additional high returns came from TAL and NVDA, at 31.04% and 27.54% respectively. The package had an overall average return of 8.99%, providing investors with a premium of 10.61% over the S&P 500’s return of -1.62% during the same period.

Mechel Sp ADR (MTL) engages in mining and steel businesses in Asia,the Russian Federation, the Commonwealth of Independent States, Europe, the Middle East, the United States, and internationally. Mechel PAO works in three different sectors,Mining, Steel, and Power. The company was build in 2013 and is based in Moscow, the Russian Federation.

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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