Screening Filters & Rationale
Relative Volume (min: 1.5):
- Purpose: Identify stocks with trading activity significantly higher than usual.
- Rationale: Elevated relative volume often signals increased interest or news, making it suitable for options trading.
Weekly Average Turnover (min: 1,000,000):
- Purpose: Ensure liquidity by focusing on stocks with high trading turnover.
- Rationale: High turnover reduces bid-ask spreads, making options trading more efficient.
Is Optionable (True):
- Purpose: Filter for stocks that have listed options available.
- Rationale: Only optionable stocks can be used for options trading strategies.
Option Sentiments (Bullish):
- Purpose: Focus on stocks with positive sentiment in the options market.
- Rationale: Bullish sentiment indicates potential upward price movement, aligning with bullish options strategies.
Option Unusual Activity (True):
- Purpose: Highlight stocks with unusual options trading activity.
- Rationale: Unusual activity often signals significant market interest or upcoming events, creating opportunities for options traders.
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.