I only have 32 find me a good option trade

Screening Filters

1. Market Cap ≥ $5,000,000,000

   • Purpose: Focus on large, established companies as option underlyings.
   • Rationale: With options, especially when capital is small (like $32), liquidity and tighter bid–ask spreads matter a lot. Large-cap stocks tend to:
     • Have deeper options markets
     • Exhibit less extreme manipulation and gap risk
       This makes executions fairer and risk more manageable for a small-budget options trade.

2. Price Between $5 and $15

   • Purpose: Target lower-priced stocks so their options premiums are more likely to fit within a $32 budget.
   • Rationale: Each option contract controls 100 shares. For a $5–$15 stock:
     • At-the-money or slightly out-of-the-money options can often trade under ~$0.30 per share (i.e., ≤ $30 per contract), especially on short-dated expiries.
     • This price range maximizes the chance that you can buy at least one contract with $32, as opposed to higher-priced stocks where even far OTM options can be too expensive.

3. Moving Average Relationship: PriceAboveMA20

   • Purpose: Prefer underlyings in a short-term uptrend.
   • Rationale: A “good option trade” usually means a higher probability of profit. When price is above the 20-day moving average:
     • The short-term trend is bullish.
     • Bullish option strategies (like calls or call spreads) have a better statistical tailwind.
       This aligns with seeking underlyings where directional bullish trades have a higher probability of working, which is useful when you only have room for one small bet.

4. Exchange: XNYS, XNAS, XASE (NYSE, NASDAQ, AMEX)

   • Purpose: Restrict to major U.S. exchanges.
   • Rationale: These exchanges:
     • Have higher regulatory standards
     • Offer better liquidity and tighter spreads in both stock and options
       For a small $32 trade, poor liquidity can eat a big chunk of your capital in slippage alone. Major exchanges help minimize that problem.

5. One-Month Rise Probability ≥ 55

   • Purpose: Bias results toward stocks with a statistically higher chance of rising in the next month.
   • Rationale: Since most small-budget options trades will be short- to medium-term:
     • A 55%+ modeled probability of a one-month rise tilts the odds in favor of bullish option positions.
     • This complements the PriceAboveMA20 filter, giving both technical and probabilistic support that the stock may move up within a typical option holding period.

6. Is Optionable = True

   • Purpose: Ensure every stock in the screen actually has listed options.
   • Rationale: You’re specifically asking for “a good option trade,” so:
     • Non-optionable stocks are automatically irrelevant.
     • This filter guarantees the output list is directly usable for building actual option strategies with your $32.

Why Results Match:

• All returned stocks will have actively traded options on major U.S. exchanges, so you can realistically execute an options trade.
• The price range is chosen to maximize the chance that at least one contract’s premium will fit inside your $32 budget.
• Large-cap focus plus major exchanges increase liquidity and reduce trading frictions—critical when your position size is very small.
• Technical (PriceAboveMA20) and probabilistic (one_month_rise_prob ≥ 55) filters work together to favor underlyings with a modestly bullish edge, improving the odds that a low-cost bullish options bet can pay off.