Options Predictions Based on Big Data: Returns up to 22.36% in 7 Days
Options Predictions
This forecast is part of the Options Package, as one of I Know First’s algorithmic trading tools. The Options Predictions includes Top 10 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 (8/14/24 – 8/21/24)
I Know First Average: 9.41%
Several predictions in this 7 Days forecast saw significant returns. The algorithm has correctly predicted 9 out of 10 stock movements. LUMN was our best stock pick with a return of 22.36%. APPS and SE saw outstanding returns of 21.85% and 9.61%. The package had an overall average return of 9.41%, providing investors with a premium of 5.98% over the S&P 500’s return of 3.43% during 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.