Options Predictions Based on Genetic Algorithms: Returns up to 37.33% 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
Package Name: Options
Recommended Positions: Long
Forecast Length: 1 Month (8/30/24 – 9/30/24)
I Know First Average: 6.88%
In this 1 Month forecast for the Options Package, there were many high performing trades and the algorithm correctly predicted 6 out of 10 trades. LUMN was the highest-earning trade with a return of 37.33% in 1 Month. Further notable returns came from CRMD and HAIN at 33.11% and 8.14%, respectively. With these notable trade returns, the package itself registered an average return of 6.88% compared to the S&P 500’s return of 3.05% 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.