Screening Filters & Rationale
Analyst Consensus: Strong Buy or Moderate Buy:
- Purpose: To identify stocks with strong analyst support, indicating potential for positive performance.
- Rationale: Stocks with favorable analyst ratings often have strong fundamentals and growth prospects, aligning with options trading strategies.
Weekly Average Turnover: Minimum 1,000,000:
- Purpose: To ensure high liquidity for efficient options trading.
- Rationale: High turnover indicates active trading, reducing bid-ask spreads and improving trade execution.
Is Optionable: True:
- Purpose: To filter for stocks that have options available for trading.
- Rationale: Options trading requires underlying assets with listed options contracts.
Option Sentiments: Bullish or Neutral:
- Purpose: To focus on stocks with positive or stable market sentiment.
- Rationale: Bullish or neutral sentiment suggests potential for upward price movement or stability, favorable for options strategies.
Option Unusual Activity: True:
- Purpose: To identify stocks with significant options activity, indicating potential opportunities.
- Rationale: Unusual activity often signals heightened interest or upcoming price movement, useful for options traders.
This list is generated based on data from one or more third party data providers. It is provided for informational purposes only by Intellectia.AI, and is not investment advice or a recommendation. Intellectia does not make any warranty or guarantee relating to the accuracy, timeliness or completeness of any third-party information, and the provision of this information does not constitute a recommendation.