Options Forecast Based on Algo Trading: Returns up to 35.69% in 3 Days

Options Forecast

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
Forecast Length: 3 Days (6/12/2020 – 6/16/2020)
I Know First Average: 14.18%
Options Forecast
Options Forecast chart

Several predictions in this 3 Days forecast saw significant returns. The algorithm had correctly predicted 10 out 10 stock movements. NE was our best stock pick this week a return of 35.69%. The suggested trades for CLDX and DNR also had notable 3 Days yields of 17.08% and 16.14%, respectively. The Options package had an overall average return of 14.18%, providing investors with a premium of 10.09% over the S&P 500’s return of 4.09%.

Noble Corporation (NE) plc operates as an offshore drilling contractor for the oil and gas industry worldwide. It owns and operates a fleet of mobile offshore drilling units. As of February 25, 2016, the company operated a fleet of 30 drilling rigs consisted of 14 jackups, 8 drillships, and 8 semisubmersibles, which included 1 high-specification, harsh environment jackup under construction. Noble Corporation (NE) plc was founded in 1921 and is headquartered in London, the United Kingdom.

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.