Options Predictions Based on Algorithmic Trading: Returns up to 44.66% 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

Options
Package Name: Options
Recommended Positions: Long
Forecast Length: 7 Days (1/2/2020 – 1/9/2020)
I Know First Average: 11.24%
Options Predictions
Options Predictions chart

During the 7 Days forecasted period several picks in the Options Package saw significant returns. The algorithm had correctly predicted 8 out 10 returns. MTL was the highest-earning trade with a return of 44.66% in 7 Days. QUIK, and TGB had notable returns of 29.17% and 11.42%. The Options package had an overall average return of 11.24%, providing investors with a premium of 9.88% over the S&P 500’s return of 1.36%.

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.