First, an important clarification
It’s not possible to screen for or guarantee a specific return like “49% ROI” on an option ahead of time. What we can do is narrow down to stocks (like CAR) that have listed options and then you can evaluate specific contracts for favorable risk/reward—but no screener can reliably promise a particular ROI.
Also, the filters we used screen stocks, not individual option contracts, so they don’t directly enforce “option price under $45” or “49% ROI.” I’ll explain how they still help.
Screening Filters
price: { min: 1, max: 1000 }
- Purpose: Restrict the universe to stocks trading between $1 and $1,000 per share.
- Rationale:
- Removes penny stocks (<$1), which are often illiquid, highly manipulated, and generally unsuitable as reliable underlyings for options strategies.
- Caps very high-priced names (> $1,000) that might lead to very expensive contract notional values (since one option contract controls 100 shares).
- CAR’s underlying price—after its massive squeeze—is still within this band, so it remains in the universe.
region: ['United States']
- Purpose: Limit results to U.S.-listed companies.
- Rationale:
- Your question and all supplied economic/news data are U.S.-centric (U.S. macro calendar, U.S. broker-style tickers like CAR).
- U.S. options markets (e.g., OCC-regulated) are the deepest and most liquid, making it easier to find contracts near your desired price point and with narrower bid–ask spreads.
- Ensures we’re looking at CAR on a U.S. exchange (Avis Budget Group, ticker CAR), exactly matching the asset you’re asking about.
list_exchange: ['XNYS', 'XNAS', 'XASE']
- Purpose: Restrict to primary, major U.S. exchanges—NYSE, Nasdaq, and NYSE American (AMEX).
- Rationale:
- These exchanges host the most liquid, widely-traded stocks, which typically have the best option chains (more strikes, more expirations, better liquidity).
- CAR trades on Nasdaq (CAR.O in your data), so this filter keeps it in scope.
- Excludes OTC and very illiquid venues, where options may be nonexistent or practically untradeable.
is_optionable: 'True'
- Purpose: Only include stocks that have listed options.
- Rationale:
- Since you’re asking “what option contract should I consider buying,” the underlying must be optionable.
- This filter guarantees that every stock we screen (including CAR) has an options chain you can actually trade.
- Without this, the screener might return stocks with no options, which would be irrelevant for your goal.
Why These Filters Match (and Where They Don’t)
How they match your intent:
You’re focused on CAR options:
- CAR is a U.S.-listed, optionable stock on a major exchange, with a share price well within the $1–$1,000 band.
- All four filters ensure CAR is included in the universe and that, in general, you are only dealing with liquid, U.S., optionable underlyings—exactly what you need when choosing an option contract.
By filtering to optionable, liquid U.S. names, the screener sets the right foundation:
- It doesn’t decide the specific CAR contract for you, but it guarantees that CAR (and any peers you might compare) actually have tradeable options with reasonable market quality.
Where they do not directly match your request:
- You asked for:
- An option contract priced under $45
- With a potential ROI of 49%
The current filters do not:
- Filter on option premium (e.g., contracts under $45).
- Filter on option Greeks or payoff metrics (delta, theta, implied volatility) or any ROI/profit-target criteria.
- Filter on expiration date or strike distance (OTM/ATM/ITM).
Our screener operates at the stock (underlying) level, not at the individual option-contract level. That’s why we can’t directly encode “contract price < $45” or “ROI 49%” as filters.
Why These Filters Are Still Effective for Your Question
Even though we can’t hard-filter on premium or ROI, the applied filters still help you get to a sensible decision for a CAR option:
- They confirm CAR is a valid, tradeable options underlying in the U.S. on a major exchange.
- They ensure you’re not wasting time on illiquid or non-optionable tickers.
- From there, you (or a more specialized options tool) can:
- Look at CAR’s option chain.
- Focus on contracts with ask price under $45.
- Model potential payoff for different expirations/strikes to see which could realistically achieve a ~49% upside under your price forecast for CAR.
If you’d like, next step I can outline how to narrow down CAR’s chain conceptually (e.g., what expirations/strike moneyness to look at given its recent short squeeze and volatility) so you can search for candidate contracts that could deliver that kind of upside—while being clear there are no guarantees.
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.