OPTIONS SCREENING TOOL EXAMPLE
(Stand alone offering and included with Annual Membership)
Options screening tool with 70 large capitalization stocks and ETFs with ample sector diversity and liquidity in the options market. Great for option portfolio management and small account options trading.
Quickly identify and filter by key technical indicators that feed into IV Rank such as: Relative Strength Index (RSI), Bollinger Band Rank, Dividend Date and Earnings Date
Interactive stock chart option to compare historical data and wide range of technical indicators
These key technical indicators can assist options traders with directional trade strategies such as covered calls, call spreads, put spreads or neutral trade strategies such as iron condors
Relative Strength Index (RSI): A momentum indicator, which calculates the magnitude of a price change to assess overbought and oversold conditions in the price of an asset. Indicates whether or not a stock is oversold (value below 30) or overbought (value over 70)
Bollinger Bands: A moving average of the underlying stock price enveloped by an upper and lower band. These bands are plotted at a 2 standard deviation level above and below the moving average of the stock price. Bollinger bands help determine whether prices are high or low on a relative basis.
Bollinger Bands Rank: Where the current value ranks relative to the range between the lower and upper band. A high percentage indicates the price is relatively high and a low percentage indicates that the price is relatively low. A value over 100% indicates the upper Bollinger band is broken and a negative value indicates the lower Bollinger band is broken.
Earnings Date: A key volatility event that can have a significant influence on options premiums
Dividend Date: A key event to consider when selling covered calls
Actionable daily trade notification service for all opening and closing trades with commentary
perfect for those seeking to remove the guesswork in options trading
Founder and Managing Member
Stock Options Dad LLC
A Registered Investment Adviser (RIA) firm