What is a good tech long call to buy today

Screening Filters

1. Market Cap ≥ 10,000,000,000 (≥ $10B)

   • Purpose: Focus on large, established tech companies.
   • Rationale:
     • Large-cap stocks tend to have deeper, more liquid options markets (tighter bid–ask spreads, better fills), which is important when buying long calls.
     • Bigger companies are usually more widely followed and less prone to extreme, random price swings than micro/small caps, making them more suitable for directional but risk-aware option trades.

2. PriceAboveMA20 (Price above 20-day moving average)

   • Purpose: Ensure the stock is in a short-term uptrend or at least showing recent strength.
   • Rationale:
     • A long call benefits from upward price movement; choosing stocks trading above their 20-day moving average aligns with a bullish technical setup.
     • This filter attempts to avoid names in clear short-term downtrends, where long calls have a lower probability of paying off.

3. Sector: Technology / Software & IT Services / Technology Equipment / Semiconductors & Semiconductor Equipment

   • Purpose: Restrict the universe to technology-related companies, matching your sector preference.
   • Rationale:
     • You explicitly asked for a technology sector call option; these sub-sectors capture the main tech areas where liquid options and growth narratives are common.
     • Including software, equipment, and semiconductors broadens the tech universe while staying true to the theme.

4. List Exchange: XNYS, XNAS, XASE (NYSE, NASDAQ, NYSE American)

   • Purpose: Limit results to major U.S. exchanges.
   • Rationale:
     • Options on NYSE and NASDAQ stocks are generally more liquid and better regulated.
     • This reduces the chance of ending up with thinly traded, hard-to-enter-or-exit options that often occur in OTC or very small foreign markets.

5. is_optionable = True

   • Purpose: Ensure the stocks actually have listed options.
   • Rationale:
     • Since you want a long call option, the underlying must be optionable.
     • This filter removes companies that do not have an options chain, which would be unusable for your goal.

6. option_sentiments = Bullish

   • Purpose: Align with market participants who are already positioning bullishly in the options market.
   • Rationale:
     • If existing option flow, implied volatility skew, or positioning is bullish, it can support the thesis for buying a long call.
     • This filter is designed to surface names where options traders (not just stock traders) expect upside, reinforcing your bullish directional bet.

Why Results Match Your Request

• They are technology-sector companies (including key tech sub-sectors you’d realistically consider for growth and options strategies).
• They have options available and trade on major U.S. exchanges, supporting better liquidity and execution for long calls.
• They are larger-cap names, making their options markets more robust and spreads typically tighter.
• They show short-term bullish technical behavior (price above the 20-day MA), aligning with a long call’s need for upward price movement.
• They exhibit bullish options sentiment, indicating that other market participants are also betting on upside, which fits the idea of looking for a “good” long call candidate today.