Any optionable ideas for today?

Screening Filters

1. monthly_average_dollar_volume ≥ $1,000,000

   • Purpose: Ensure the ideas are in liquid stocks that trade meaningful dollar volume every day.
   • Rationale: For options trading, underlying liquidity is crucial. Higher dollar volume typically means:
     • Tighter bid-ask spreads in both stock and options
     • Easier entries and exits
     • Less slippage when executing multi-leg option strategies

2. news_driver: [Positive, Negative]

   • Purpose: Focus on stocks that have recent news catalysts moving them, either bullish or bearish.
   • Rationale: Options traders often look for names with:
     • Fresh catalysts that can drive volatility (earnings, guidance, deals, regulatory news, etc.)
     • Clear directional narratives (good news = potential upside, bad news = potential downside)
     • Short-term trading opportunities rather than stagnant, catalyst-free stocks

3. is_optionable = True

   • Purpose: Restrict results strictly to stocks that have listed options.
   • Rationale: Your question is about “optionable ideas,” so:
     • Non-optionable tickers are automatically excluded
     • Every result should be directly tradable with options strategies (calls, puts, spreads, etc.)

4. option_unusual_activity = True

   • Purpose: Surface stocks with unusual options flow (volume, open interest, or atypical order patterns).
   • Rationale: For daily option ideas, unusual options activity is a popular signal because it may indicate:
     • Institutional or “smart money” positioning
     • Anticipation of an event or move not yet fully reflected in the stock price
     • Elevated short-term interest, which can coincide with higher implied volatility and trading opportunity

Why Results Match Your Request

• You asked for “optionable ideas for today.”
• The screener:
  • Limits to optionable stocks only
  • Focuses on actively traded names (sufficient dollar volume) suitable for real-world options execution
  • Targets today’s catalysts through news-driven moves
  • Adds a layer of options-specific interest via unusual options activity, aligning with what options traders typically look for in short-term ideas.