apebearbull
10 posts
msg #157109
- Ignore apebearbull |
6/29/2021 8:02:04 PM
just a basic option filter, what can we do improve to find more profitable options based one current market condition
|
xarlor
581 posts
msg #157110
- Ignore xarlor |
6/29/2021 8:53:17 PM
Here is a neutral options filter (Iron Condor, Iron Butterfly, Short Straddle, Short Strangle).
Disclaimer: You will lose money with options if you don't know what you're doing. Not financial advice. Trading options can and will likely lead to losses.
|
Cheese
1,374 posts
msg #157113
- Ignore Cheese |
6/29/2021 9:37:22 PM
xarlor
noob question (I'm not trading options)
Why do you call it an options filter or a neutral options filter ?
Can it be used for stocks ?
Thanks.
|
snappyfrog
721 posts
msg #157117
- Ignore snappyfrog |
6/30/2021 11:21:34 AM
Any profitable stock scan can be used for trading options.
BUT one first must understand the Greeks along with strike prices and dates (weekly / monthly).
|
Cheese
1,374 posts
msg #157118
- Ignore Cheese |
6/30/2021 11:28:39 AM
snappyfrog 6/30/2021 11:21:34 AM
Any profitable stock scan can be used for trading options.
BUT one first must understand the Greeks along with strike prices and dates (weekly / monthly).
https://www.stockfetcher.com/forums/Filter-Exchange/Option-Filter-any-profitable-improvement-ideas/157109
===========================================================================
Thank you very much, snappy.
|
xarlor
581 posts
msg #157130
- Ignore xarlor |
6/30/2021 8:26:15 PM
Cheese, a neutral options strategy wins when the underlying stock stays in its current range, i.e. neutral. You don't want the stock to rise too much nor drop too low, but instead stay within the two prices determined by the break even points. They are also known as non-directional strategies.
The filter I posted shows you the range those stocks are trading in. The filter returns stocks that are right at the midpoint of the existing range, which is the best time to enter a neutral strategy.
|
Cheese
1,374 posts
msg #157132
- Ignore Cheese |
6/30/2021 9:10:01 PM
xarlor 6/30/2021 8:26:15 PM
Cheese, a neutral options strategy wins when the underlying stock stays in its current range, i.e. neutral. You don't want the stock to rise too much nor drop too low, but instead stay within the two prices determined by the break even points. They are also known as non-directional strategies.
The filter I posted shows you the range those stocks are trading in. The filter returns stocks that are right at the midpoint of the existing range, which is the best time to enter a neutral strategy.
https://www.stockfetcher.com/forums/Filter-Exchange/Option-Filter-any-profitable-improvement-ideas/157109/99999
==================================================================================
Thank you very much, xarlor.
I've learned something new.
|
apebearbull
10 posts
msg #157153
- Ignore apebearbull |
7/5/2021 4:26:52 PM
hello xarlor,
Thanks for the Neutral filter, filter not pulling any tickers so far. any idea why?
|