Options Predictions Based on Data Mining: Returns up to 59.68% 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

Package Name: Options
Recommended Positions: Long
Forecast Length: 7 Days (12/30/20 – 1/6/21)
I Know First Average: 16.83%
Options Predictions
Options Predictions chart

The algorithm correctly predicted 8 out 10 of the suggested trades in the Options Package for this 7 Days forecast. The top performing prediction from this package was AMRS with a return of 59.68%. Additional high returns came from BTU and CLSK, at 44.93% and 31.79% respectively. The package’s overall average return was 16.83%, providing investors with a 16.26% premium over the S&P 500’s return of 0.57% 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.