Looking for specific options scanner
- Thread starter Twinsen
- Start date
Well I am not sure how to explain, I mean those options which can be bought and sold without problems. I am mostly interested in cheap options than expensive ones like Google, Apple. So I am trying to find those options which are not so expensive and still traded and have a good daily volume and narrow spreads. The less expensive a stock the more option contracts you can buy.
your lost talking about value like that.. value is relative.. cheap/expensive is all relative.. aapl's options are sometimes super cheap.. in fact its calls historically have been cheap.. at some reference point in history.... at other historical reference points puts have been cheap.. or you could say it was relatively expensive generally talking straddle/vola pricing given some particular time frame.. most times or almost always pricing is spoken of in a relative sense.. not dollar wise.. a 10 dollar option might have 10 times the value of a .10 cent option respectively..
i know what your really talking about is position size risk related to otm-ness.. you can't take small position in near the money options in goog or apple unless your right at expiration.. debit spreads, long delta flys or short delta flys as well some what mitigate this problem.
If you want the options that are most liquid, look at any of the ones that have weeklies: http://www.cboe.com/micro/weeklys/availableweeklys.aspx
Then run your screen on those.
Then run your screen on those.