Options Predictions Based on Machine Learning: Returns up to 18.96% in 3 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

Options
Package Name: Options
Recommended Positions: Long & Short
Forecast Length: 3 Days (10/30/2020 – 11/2/2020)
I Know First Average: 2.46% (Long) & 2.1% (Short)
Options Predictions
Options Predictions chart
Options Predictions chart
During the 3 Days forecast, the algorithm had predicted high returns for those seeking stock advice. The best performance in the short position came from PBF which registered a return of 15.19%. For the long positions the largest growth was registered by CYH with a return of 18.96%, during the same period. The package itself, had an overall average return of 2.46%, in the long position, providing a premium of 2.46% over the SP500’s return of 0.0%. With regards to the short position, the package had an overall average return of 2.1%, providing investors with a premium of 2.10% over S&P500’s return of 0.0%. The I Know First’s Stock Market Algorithm accurately forecasted 8 out of 10 stocks, for the long position, and 6 out of 10 stocks, for the short position for this 3 Days forecasted period.

Community Health Systems, Inc. (CYH), together with its subsidiaries, owns, leases, and operates general acute care hospitals in the United States. It offers general acute care, emergency room, general and specialty surgery, critical care, internal medicine, obstetrics, diagnostic, psychiatric, and rehabilitation services, as well as skilled nursing and home care services. The company also provides outpatient services at urgent care centers, occupational medicine clinics, imaging centers, cancer centers, ambulatory surgery centers, and home health and hospice agencies. In addition, it offers management and consulting services to non-affiliated general acute care hospitals. As of February 15, 2016, the company owned, leased, or operated 195 affiliated hospitals in 29 states with approximately 30,000 licensed beds. Community Health Systems, Inc. (CYH) was founded in 1985 and is headquartered in Franklin, Tennessee.

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

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.