Top stocks $20 to $50 for calendar spread

Screening Filters & Rationale

1. Price ($20-$50):

   • Purpose: Focus on stocks within the specified price range.
   • Rationale: Ensures affordability and aligns with the user's budget for calendar spread strategies.

2. Beta (Moderate Risk):

   • Purpose: Select stocks with moderate volatility.
   • Rationale: Balances risk and reward, making the stocks suitable for calendar spreads.

3. Weekly Average Turnover (≥ 2,000,000):

   • Purpose: Ensure high liquidity.
   • Rationale: Facilitates easier entry and exit in both stock and options markets.

4. Is Optionable (True):

   • Purpose: Include only stocks with available options.
   • Rationale: Necessary for implementing a calendar spread strategy.

5. Option IV Rank (30-50):

   • Purpose: Target options with moderate implied volatility.
   • Rationale: Provides a balance between premium collection and risk management.