Top 5 Options Tools [Free]

Friend me on Facebook. February 11, at 9: TrixyCharts - These free interactive charts on the new BigTrends. It precisely described what a short Iron condor is. In the results table you will see the open interest for each option and, like the other column headings, you can click on the Open Interest column heading to sort by open interest:. Play with the simulator a bit more and find out maximum loss and profit for your trade. Covered Call Blog How to use covered calls to generate recurring income.

Welcome to Options Screener. Oscreener is a Stock Option Screener and a tool to backtest option strategies.

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Saturday, September 15, 2: Screeners can help you find securities that match your trading goals. Create and save custom screens based on your trade ideas, or choose a predefined screen to help you get started. Note, Screener results may not include real-time price information and should not be used to determine purchase or sale prices for a securities transaction.

This content is for self-directed use only. It is not intended as a recommendation. Due to updates, the following saved screens have been affected: In the results table you will see the open interest for each option and, like the other column headings, you can click on the Open Interest column heading to sort by open interest:. Covered calls with weeklys can be fun because you get paid once a week instead of once per month. If the underlying stock stays flat you will collect more premium by selling 4 weeklys one after the other for 4 weeks in a row than if you sell a single monthly option because time decay is faster as options get nearer their expiration date.

Just be sure to watch out for wide spreads if you plan to close out prior to expiration. And when first selling a weekly covered call you'll probably want to use a limit order as opposed to a market order at the mid-point of the bid-ask spread which is a good practice for monthly covered calls, too.

Login Free Trial Free Newsletter. Covered Call Blog How to use covered calls to generate recurring income. Receive new blog articles automatically by following us: Screening for Weekly Options You can use Born To Sell to screen for weekly options, same as you do for monthly options.

Look for the Weekly Options preference and click the Edit button: M2 means May 2nd expiration and M9 means May 9th expiration the other positions on the Expiration slider, in white, are for monthly expirations: These option strategy screeners are really helpful in understanding how the Greeks impact the value of an option position, even with something as basic as a long call. Great job with the explanation and screen shots! Need to design or get a screener for writing put options.

Free options screener is also available at oscreener. Follow OptionPundit on twitter. Options involve risk and are not suitable for all investors. All investors who deal with options should read and understand the publication "Characteristics and Risks of Standardized Options. OptionPundit does not promise, guarantee or imply verbally or in writing that anything taught through our newsletter, in any printed material, or displayed on our website will necessarily result in a profit.

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Within this website, we publish materials that meet specific criteria representing characteristics associated with described trading strategies. Individual traders must do their own due diligence in analyzing featured options to determine if they represent a suitable opportunity.

Past performance is not indicative of future results. Option trading involves substantial risk. You can lose money trading options. The past results posted on this site are meant to give you a reasonable idea of what you could have made or lost trading by following the OptionPundit service but are in no way an exact reflection of what you would have made or lost.

Therefore, you should not rely on our past trade results as a perfect replication of what your returns or losses would have been by following our service. There are inherent risks involved in the stock market and these risks should be considered prior to any decision.

Option Strategy Screener

Option Party’s suite of advanced screeners, enhanced data, and automation features make it the best-in-class choice for options research. See why Option Party is the options research tool of choice for thousands of successful options traders. Strategy Evaluator Use the Market Scanner to search for underlying securities meeting certain criteria, the Strategy Screener to find new trading strategies, and the Strategy Evaluator to assess the appropriateness of a particular strategy. Bull Put Spread Screener aka Credit Spread aka Vertical Spread options strategy screener.