Options Predictions Based on Big Data Analytics: Returns up to 33.24% 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 (6/28/2020 – 7/5/2020)
I Know First Average: 4.12%
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 6 out 10 returns. The greatest return came from PLUG at 33.24%. OSTK and SRNE saw outstanding returns of 18.97% and 16.7%. The overall average return in this Options package was 4.12%, providing investors with a 0.10% premium over the S&P 500’s return of 4.02% during the same period.

Plug Power Inc., an alternative energy technology provider, engages in the design, development, commercialization, and manufacture of hydrogen fuel cell systems primarily for the material handling and stationary power markets in the United States. Plug Power Inc. was founded in 1997 and is headquartered in Latham, New York.

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.