Screening Filters & Rationale
Price (max: $6):
- Purpose: To ensure options are affordable and align with the user's budget constraint.
- Rationale: Options priced under $6 provide cost-effective opportunities for speculative or hedging strategies.
Weekly Average Turnover (min: 1,000,000):
- Purpose: To focus on liquid options with sufficient trading activity.
- Rationale: High turnover ensures ease of entry and exit, reducing the risk of slippage.
Return on Equity (min: 8%):
- Purpose: To target companies with strong profitability and efficient use of equity.
- Rationale: A higher ROE indicates better financial performance, aligning with the goal of selecting high-ROI companies.
Is Optionable (True):
- Purpose: To ensure the selected companies have options available for trading.
- Rationale: This filter guarantees that the companies meet the user's requirement for an options strategy.
Sector (Financial):
- Purpose: To align with the user's preference for financial sector companies.
- Rationale: Focusing on a specific sector allows for targeted exposure and aligns with sector-specific investment strategies.
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.