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
Quality
Technical (Stocks + ETFs)
Fundamental (Stocks only)
| Symbol | Strike | Expiration | DTE | Strategy | Rating | Prob. of Touch |
Put/Call Volume |
Put/Call Open Int |
Implied Vola |
Annual. Profit |
Daily Return |
Details | Link | Relative Tail Risk |
Call Vol | Put Vol | Call OI | Put OI | 25D Skew | Expected Premium |
RRR | Calls Trend |
Puts Trend |
Total Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Key Metric Definitions
- 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).