Today's top 3 for short term

Screening Filters

1. Price: 10–150 USD

   • Purpose: Focus on reasonably priced, actively traded stocks and avoid extreme penny names or very high-priced outliers.
   • Rationale:
     • Below ~$10, many stocks are low-quality, illiquid, and prone to erratic moves that are hard to trade with size.
     • Above ~$150, position sizing for short‑term trades becomes harder for many traders, and spreads can widen.
     • The $10–$150 band targets a sweet spot: enough volatility and liquidity for active trading, but generally more stable order books than microcaps.

2. Monthly Average Dollar Volume ≥ 1,000,000 USD

   • Purpose: Ensure strong liquidity over time.
   • Rationale:
     • Dollar volume (price × volume) is more meaningful than share volume alone; it tells you how much money actually changes hands.
     • ≥$1M/day on average helps ensure you can enter/exit with minimal slippage, which is crucial for short‑term trades where small execution costs matter a lot.

3. Relative Volume ≥ 2

   • Purpose: Find stocks with unusually high trading activity today vs. their normal level.
   • Rationale:
     • Relative volume of 2 means the stock is trading at least twice its typical volume.
     • This often signals a catalyst (news, earnings, upgrades/downgrades, sector move), which tends to produce better intraday ranges and clearer short‑term setups.
     • Short‑term traders want names “in play”; relative volume is a direct way to find them.

4. Volume ≥ 0

   • Purpose: Effectively no additional constraint here.
   • Rationale:
     • This is likely just a placeholder; the real liquidity constraint is handled by the monthly_average_dollar_volume and relative_vol filters.
     • It doesn’t tighten the screen further, but it doesn’t hurt either.

5. Price Change % (Today) between +3% and +15%

   • Purpose: Target stocks that are moving enough to matter, but not yet in extreme blow‑off territory.
   • Rationale:
     • A move of at least +3% indicates momentum and a tradable move; flat or ±1% days often don’t give attractive risk/reward for short‑term trades.
     • Capping at +15% avoids many of the most parabolic, extended moves that are increasingly risky to chase intraday or for a short swing, where reversals can be violent.
     • This range is a practical compromise: strong action with room for follow‑through, without only showing “already gone” rockets.

6. Is Optionable = True

   • Purpose: Limit results to stocks that have listed options available.
   • Rationale:
     • Many short‑term traders use options (calls/puts, spreads) to express directional views, manage risk, or amplify returns with defined risk.
     • Optionable names are usually more established and more liquid, another indirect quality filter.
     • This fits a “short‑term trading opportunities” frame for traders who may want flexibility beyond stock-only trades.

Why Results Match the User’s Request

• The screen focuses on liquid, actively traded stocks (dollar volume + relative volume) so you can realistically get in and out intraday or over a few days.
• It requires meaningful price movement today (3–15% up), which is exactly what short‑term traders need: volatility with a current catalyst.
• The price band keeps names practical for position sizing and avoids many illiquid microcaps.
• The optionable filter ensures the list is usable for traders who deploy common short‑term options strategies.

Together, these filters don’t guarantee “the top 3 winners,” but they systematically narrow the universe to stocks that are currently in play and structurally suitable for short‑term trading.