Options Predictions Based on Pattern Recognition: Returns up to 6.57% 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
Package Name: Options
Recommended Positions: Long
Forecast Length: 7 Days (4/9/21 – 4/17/21)
I Know First Average: 2.94%
10 out of 10 stock prices in this forecast for the Options Package moved as predicted by the algorithm. SPXL was our best stock pick this week a return of 6.57%. Other notable stocks were FAS and UYG with a return of 4.81% and 3.91%. The package’s overall average return was 2.94%, providing investors with a 0.78% premium over the S&P 500’s return of 2.16% during the very same forecasting time 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.