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

Package Name: Options
Recommended Positions: Long
Forecast Length: 3 Days (5/8/2020 – 5/12/2020)
I Know First Average: 4.69%

During the 3 Days forecasted period several picks in the Options Package saw significant returns. The algorithm had correctly predicted 6 out 10 returns. RIG was the highest-earning trade with a return of 34.13% in 3 Days. Further notable returns came from OSTK and TWOU at 12.18% and 5.66%, respectively. The package saw an overall yield of 4.69% versus the S&P 500’s return of -0.38% implying a market premium of 5.07%.

Transocean Ltd. (RIG), together with its subsidiaries, provides offshore contract drilling services for oil and gas wells worldwide. The company primarily offers deepwater and harsh environment drilling services. As of February 11, 2016, it owned or had partial ownership interests in, and operated 61 mobile offshore drilling units that consist of 28 ultra-deepwater floaters, 7 harsh environment floaters, 5 deepwater floaters, 11 midwater floaters, and 10 high-specification jackups. The company serves government-controlled oil companies and independent oil companies. Transocean Ltd. (RIG) was founded in 1953 and is based in Vernier, Switzerland.

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.