Hi, I am wondering if there is a tool/scanner or website that lets you know which options have the highest most extreme intraday trading ranges?
Maybe http://finviz.com/ may have the info you are looking for. They have a screener. Else High Volatility should identify them. Just a thought. Carl
1) It depends on what you really mean. On an arithmetic basis, higher-volatility, higher-priced underlying, at-the-money options, would tend to have the greatest number of points of range, i.e. a $50 option has a 10 point daily range. 2) On a geometric basis, out-of-the-money options that experience a large move in the underlying can have "large" percentage gains, i.e. a $1 option increases $2 to $3.