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

Options
Package Name: Options
Recommended Positions: Long
Forecast Length: 7 Days (4/9/21 – 4/17/21)
I Know First Average: 2.94%
Options Predictions
Options Predictions chart

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.