Use Case #1: Use cash secured puts or naked puts screener to scan for options based on your own filter criteria. Also offered covered calls/naked calls
For illustration, the following filters were used and the results are sorted by highest annual yield
- Sector: Technology
- Strike price between $50 – $150
- Monthly only
- Annual yield of greater than 12%
Top 3 option contracts that fit the above criteria:
- AMD 100p 10/20/2023 | ROC=3.0% | Premium collected: $3.00
- SQ 52.5p 10/20/2023 | ROC=2.9% | Premium collected: $1.53
- SNOW 150p 10/20/2023 | ROC=2.9% | Premium collected: $4.30
Use Case #2: Use put credit spread screener to scan for options based on your own filter criteria. Also offered call credit spread.
For illustration, the following filters were used and the results were sorted by highest POP%
- Strike width between $5 – $10
- Monthly only
- Avoid stocks with earnings in the next 30-day
Top 3 option contracts that fit the above criteria:
- ADI 175/170p 10/20/2023 | Strike width=5 | Premium collected: $1.25 | MaxROC = 33.3% | POP = 75%
- ASML 610/600p 10/20/2023 | Strike width=10 | Premium collected: $2.50 | MaxROC = 33.3% | POP = 75%
- BA 210/205p 10/20/2023 | Strike width=5 | Premium collected: $1.25 | MaxROC = 33.3% | POP = 75%