Screening Filters
Price: min = 30, max = 300
- Purpose: Limit results to mid‑priced stocks between $30 and $300.
- Rationale:
- In your previous step, you explicitly expanded the upper bound from $150 to $300.
- Keeping the lower bound at $30 maintains focus on reasonably liquid, institutionally followed names, while excluding very low‑priced stocks that can be more volatile and less option‑friendly.
Moving Average Relationship: ['PriceAboveMA200', 'PriceBelowMA200', 'PriceCrossAboveMA200', 'PriceCrossDownMA200']
- Purpose: Find stocks whose price is trading in a defined relationship to the 200‑day moving average (MA200)—either currently above/below it, or recently crossing it.
- Rationale:
- Your earlier request was for “stocks … at or near 200ma.”
- Including PriceCrossAboveMA200 and PriceCrossDownMA200 specifically targets names that are interacting with the 200‑day line (recent crossovers are typically “at/near” the MA).
- PriceAboveMA200 and PriceBelowMA200 capture stocks that are slightly above or below the MA200 threshold, broadening the “near” concept while still anchoring everything to that long‑term trend line.
- This is a practical way to implement “at or near the 200ma” using the tools available.
Option IV Rank: min = 90
- Purpose: Require very high implied volatility rank, but slightly less stringent than your previous ≥100 condition.
- Rationale:
- You requested: “decrease IV rank to 90.”
- Setting
option_iv_rank ≥ 90 directly matches that: it keeps only the top‑volatility names (IV near the high of their 1‑year range), but allows more candidates than the ≥100 filter.
- This is particularly useful if you are looking for rich option premiums for strategies like selling options (credit spreads, covered calls, strangles/straddles), while still focusing on unusually high IV.
Why Results Match:
- The price range now correctly reflects your updated requirement:
30–300.
- The IV rank constraint has been relaxed from ≥100 to ≥90, exactly as you requested, to widen the pool of high‑IV names.
- The moving‑average filters keep the focus on stocks whose price is meaningfully related to the 200‑day moving average, which is how we operationalize your original “at or near 200ma” criterion.
Overall, the screen now looks for:
Stocks between $30 and $300, with price interacting with the 200‑day MA, and with IV rank of at least 90.
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.