Free Option Screener for Bullish and Bearish Strategies
Find High-Probability Option Trades and generate Income on Stocks and ETFs (Puts, Calls and Spreads). Start trading smarter today.
Bullish Strategies / Positive Outlook
Bearish Strategies / Negative Outlook
Risk
Reward
Expiration
by Date
by DTE
AI Option Trade Ideas
This feature is available exclusively for premium members.
| Symbol | Strike | Expiration | DTE | Strategy | Rating | Prob. of Touch |
Put/Call Volume |
Put/Call Open Int |
Implied Vola |
Annual. Profit |
Daily Return |
Details | Link |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Key Metric Definitions
- Uptrend: The stock's price trend is positive, with a Stability score of at least +60% (12-month) and +30% (1-month).
- Downtrend: The stock's price trend is negative, with a Stability score of at least -30% (12-month) and -30% (1-month).
- Margin of Safety: Calculates a price buffer using the stock's Average True Range (ATR). This buffer is increased for options with more Days-to-Expiration (DTE), providing a wider margin of safety for longer-term trades.
- Rating: A proprietary score from 0 to 3 that measures a trade idea's overall risk, reward, and probabilities. Higher scores are better, ratings above 3.0 are considered exceptional.
- Prob. of Touch: The probability that the stock's price will reach ('touch') the strike price at any point before expiration.
- Shares Vola: A sophisticated measure of a stock's expected volatility that accounts for the tendency of stocks to fall faster than they rise.
- Premium: The expected total cash credit received for selling the option or spread, shown in dollars.
- Return on Capital (RoC %): The Premium received as a percentage of the capital required to secure the trade (i.e., the margin or max loss). This measures the efficiency of the trade.
- Daily Return: The Premium divided by the Days-to-Expiration.
- Annualized Profit: Projects the Return on Capital (RoC %) over a full year to compare trades with different expirations. Formula: RoC % * (365 / DTE).
- Diff to last: For In-The-Money (ITM) covered calls, this shows the portion of the total profit that comes from the stock's price being above the strike price (the intrinsic value).
- Return-to-Risk: In case of a Spread the Return-to-Risk is calculated with: Max Profit / Max Loss.
- Stability: Measured via linear regression on a scale from -100% to +100%. A score of +/- 85% represents a very strong trend, while values over +/- 95% are very rare.