Covered call screener to search for new opportunities in covered calls. When someone calls and is screened, youll get a silent Screening an unknown call notification. The screener results are initially sorted by descending "Probability.". Necessary cookies are absolutely essential for the website to function properly. Most of the tools mentioned in this list have a free version, a free trial or can be tested for a small fee. we calculate a. Screen stock and option data to find income-producing covered call trades. Implied volatility rises when the demand for an option increases, and decreases with a lesser demand. Fundamental data provided by Zacks and Morningstar. plus the average % move of the historical price return distribution, The % return for the strategy if the stock price at expiration is equivalent to the current stock price
Fundamental data provided by Zacks and Morningstar. Scroll through widgets of the different content available for the symbol. Moreover, having insights at hand that most traders dont have can be beneficial. We take the underlying stock price (l), the target price (b), days to expiration (t) and the implied volatility (v) to calculate probability: Probability Above = 1-NORMSDIST (LN(b / l) / (v*SQRT (t / 365))) Probability Below = NORMSDIST (LN (b / l) / (v*SQRT(t / 365))) b = target price l = underlying last price v = implied volatility t = days to expiration. Use our proprietary scoring systems and your favorite data points to find the best covered call stocks. Under Unknown call settings, tap the types of callers youd like to screen. Thats where the best options screeners come into play. The screener displays probability calculations based on the delayed stock price at the time the strategy is updated. I love the upgrades you've done in the new version., Ive tried many tools before. Options Screener: Monitor 198+ Stocks on F&O Stock Screener | Dhan TheMain Viewshows the Volume and Open Interest for each option, while the Dividend & Earnings View can be used to highlight strategies with upcoming dividends and earnings. This tool will download a .csv file for the View being displayed. In this case, the table must be horizontally scrolled (left to right) to view all of the information.