Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: High relative volume often indicates strong investor interest, which can drive bullish momentum.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure sufficient liquidity for entering and exiting positions.
- Rationale: High turnover reduces the risk of slippage and ensures smoother execution of call options.
Moving Average Relationship (PriceAboveMA20, PriceAboveMA200):
- Purpose: Confirm that the stock is in a sustained bullish trend.
- Rationale: Prices above both short-term (20-day) and long-term (200-day) moving averages indicate upward momentum.
Is Optionable (True):
- Purpose: Filter for stocks that have listed options available.
- Rationale: Ensures the stock is eligible for call option trading.
Option Sentiments (Bullish):
- Purpose: Identify stocks with positive market sentiment in the options market.
- Rationale: Bullish sentiment in options suggests confidence in upward price movement.
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.