Options Predictions Based on Deep Learning: Returns up to 25.21% in 14 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: 14 Days (10/7/2020 – 10/21/2020)
I Know First Average: 7.31%
The algorithm correctly predicted 7 out 10 of the suggested trades in the Options Package for this 14 Days forecast. PEIX was the highest-earning trade with a return of 25.21% in 14 Days. Further notable returns came from BBBY and MVIS at 22.38% and 12.68%, respectively. With these notable trade returns, the package itself registered an average return of 7.31% compared to the S&P 500’s return of 2.22% for 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.