Options Predictions Based on Data Mining: Returns up to 340.53% in 1 Year

June 8, 2021

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 Year (6/7/20 – 6/7/21)
I Know First Average: 179.81%
Options Predictions
Options Predictions chart

In this 1 Year forecast for the Options Package, there were many high performing trades and the algorithm correctly predicted 9 out 10 trades. FCEL was the top performing prediction with a return of 340.53%. MIK and TUP followed with returns of 298.73% and 291.83% for the 1 Year period. With these notable trade returns, the package itself registered an average return of 179.81% compared to the S&P 500’s return of 32.33% for the same period.

FuelCell Energy, Inc., together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation.

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.

Options