Options Predictions Based on Machine Learning: Returns up to 50.77% in 7 Days

June 28, 2020

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

Options
Package Name: Options
Recommended Positions: Long
Forecast Length: 7 Days (6/18/2020 – 6/25/2020)
I Know First Average: 6.55%
Options Predictions
Options Predictions chart

In this 7 Days forecast for the Options Package, there were many high performing trades and the algorithm correctly predicted 6 out 10 trades. The top performing prediction from this package was NVAX with a return of 50.77%. CLDX and GRUB followed with returns of 19.35% and 6.97% for the 7 Days period. The overall average return in this Options package was 6.55%, providing investors with a 7.50% premium over the S&P 500’s return of -0.95% during the same period.

Novavax, Inc. (NVAX) is a clinical stage biotechnology company. The Company creates novel vaccines to address a broad range of infectious diseases worldwide using proprietary virus-like particle (VLP) technology.

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.

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