Screening Filters
monthly_average_dollar_volume ≥ $1,000,000
- Purpose: Ensure the underlying stocks are highly liquid.
- Rationale:
- For options trading, liquidity in the stock usually translates to tighter bid–ask spreads and better liquidity in the options themselves.
- High average dollar volume reduces the risk of large slippage when entering or exiting a call option, which directly impacts your potential profit.
moving_average_relationship: PriceAboveMA20
- Purpose: Focus on stocks in a short-term uptrend.
- Rationale:
- A price above the 20‑day moving average is a simple way to identify stocks with recent positive momentum.
- Call options benefit from upward price movement; starting with an underlying that is already in an uptrend increases the probability (not guarantee) that bullish trades, like buying calls or bullish spreads, can work in your favor.
region: United States
- Purpose: Limit results to U.S.-listed stocks.
- Rationale:
- U.S. markets generally offer deep options markets, strong regulation, and better availability of strikes/expiries.
- This makes it easier to find appropriately priced call options and manage trades (e.g., rolling positions).
is_index_component: GSPC, NDX (S&P 500 and Nasdaq 100 components)
- Purpose: Focus on large, established companies.
- Rationale:
- S&P 500 and Nasdaq 100 constituents tend to have highly liquid and actively traded options chains.
- These companies are typically more stable and widely followed, with tighter spreads and more predictable behavior versus thinly traded small caps—important when your aim is a “good profit” with controlled execution risk.
is_optionable: True
- Purpose: Only include stocks that actually have listed options.
- Rationale:
- Since you asked for “a specific call option,” the underlying must be optionable.
- This filter ensures every stock in the results can be used to construct the call trade you’re looking for.
option_sentiments: Bullish
- Purpose: Select stocks where options market positioning is skewed bullish.
- Rationale:
- Bullish options sentiment (e.g., higher call activity, net call buying, or optimistic positioning) can indicate that other market participants are expecting upside.
- Aligning your call option trade with existing bullish sentiment can increase the probability that the move you’re betting on already has market support behind it.
Why Results Match Your Request
- You asked for a specific call option to use to make good profit, building on the previous screening.
- The filters:
- Restrict to liquid, large-cap U.S. stocks with listed options (practical for entering and exiting call trades).
- Focus on underlyings in an uptrend (PriceAboveMA20) and with bullish options sentiment, which are consistent conditions for structuring bullish call positions.
- While no filter set can guarantee profit, this combination is designed to:
- Improve trade execution quality (liquidity filters).
- Increase the odds that the underlying’s price direction supports a call option strategy (trend + bullish sentiment).
So the applied filters are appropriate and well-aligned with the goal of selecting an underlying stock suitable for a bullish call option trade aimed at generating profit.
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.