Options Predictions Based on Pattern Recognition: Returns up to 25.98% in 7 Days

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

Options
Package Name: Options
Recommended Positions: Long
Forecast Length: 7 Days (10/14/21 – 10/21/21)
I Know First Average: 6.68%
Options Predictions
Options Predictions chart

For this 7 Days forecast the algorithm had successfully predicted 8 out of 10 movements. WTRH was the top performing prediction with a return of 25.98%. CLSK and LC also performed well for this time horizon with returns of 16.28% and 7.94%, respectively. The Options package had an overall average return of 6.68%, providing investors with a premium of 2.42% over the S&P 500’s return of 4.26%.

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.