Screening Filters & Rationale
Moving Average Relationship (PriceBelowMA20):
- Purpose: Identify stocks trading below their 20-day moving average to signal short-term bearish momentum.
- Rationale: Stocks below this threshold often indicate downward pressure, aligning with a bearish put option strategy.
Month Price Change Percentage (max: 0):
- Purpose: Focus on stocks with no positive price change over the past month.
- Rationale: Negative or stagnant performance over a month suggests continued weakness, supporting a bearish outlook.
Option Sentiments (Bearish):
- Purpose: Target stocks with bearish sentiment in the options market.
- Rationale: Bearish sentiment indicates market participants expect further declines, reinforcing the case for put options.
Support Resistance Relationship (PriceAroundSupport):
- Purpose: Select stocks trading near support levels that may break down.
- Rationale: Prices near support levels are at risk of breaking lower, creating opportunities for profitable put options.
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.