Options Predictions Based on Data Mining: Returns up to 28.06% in 1 Month

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

Options
Package Name: Options
Recommended Positions: Long
Forecast Length: 1 Month (3/4/22 – 4/5/22)
I Know First Average: 12.21%
Options Predictions
Options Predictions chart

The algorithm correctly predicted 8 out of 10 the suggested trades in the Options Package for this 1 Month forecast. CLF was the top performing prediction with a return of 28.06%. Other notable stocks were UAN and MOS with a return of 22.7% and 21.72%. This algorithmic forecast package presented an overall return of 12.21% versus the S&P 500’s performance of 3.7% providing a market premium of 8.51%.

Cliffs Natural Resources Inc. (CLF), is a natural resources company, which produces and supplies iron ore. The company operates five iron ore mines in Michigan and Minnesota; and Koolyanobbing iron ore mining complex located in Western Australia, which produces lump and fines iron ore.

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.