Is there any free/cheap options scanner?

Discussion in 'Options' started by thecalip, Jul 31, 2006.

  1. I would like the screener to be able to scan for daily average volume, and unusual volume.

    Any one availble?
  2. Most scanners are cheap...but that is a relative term.

    If you are an Interactive Brokers client, their Market Scanner has a filter for "Hot by Opt Volume". The scanner is "free" with an account (min monthly account fees apply)

    There are a bunch of scanners on that you might want to check out.

    Also, have a look at I've never used their tools so I'm not sure if they support filtering by volume or not.

    Good luck.

  3. has some stuff. I looked at the free trial but didn't need the scanner
  4. TinGull


    Bringin' up an oldie...

    I'm looking for a scanner that can alert me to heavy option activity as it's happening. A lot of websites are tough to get this info out as in if they do this or not. I've checked optionvue, OptionStation,

    Any advice on a software that can alert me to this stuff?

  5. Trade Alert is the best, but it's not free
  6. Do you have a URL for Trade Alert?
  7. JackR


  8. Thanks Jack!
  9. What do you expect to learn from increased volume?

    If stock XYZ averages 10,000 contracts a day and is at a price of 55. Then you get a screener that tells you 18,000 options traded and 10,000 were the 60 day 40 strike puts what do you believe you should do with that info?
    #10     Oct 9, 2007