Options Scanner for Spread Trading

Discussion in 'Options' started by earth_imperator, Aug 28, 2022.

  1. mervyn

    mervyn

    Cboe livevol is all you need if you are deep into options business.
     
  2. ZBZB

    ZBZB

    How does it compare with silexx?
     
  3. Does it support spread trading? How/where/link?
     
  4. ET180

    ET180

    It's not hard to find a credit spread...just sell a put and buy a lower put or sell a call and buy a higher call.
     
  5. :) From such a scanner I expect that it does also all the necessary calculations of PnL etc. for each spread it finds. Ie. finding the highest lucrative spreads among all tickers and expiration dates. Each candidate shall have a score, and the list shall be sorted... That's the main job IMO of such a scanner.
     
  6. Matt_ORATS

    Matt_ORATS Sponsor

    Here's how Omnieq compares to ours:
    They can rank based on its return-to-risk ratio, probability of expiring out of the money, and expected return. We rank on return-to-risk ratio, expected return edge, forecast edge, smoothed IV edge. We sort on many like ask-bid, open interest, and delta.
    They have some filtering for options and fundamental information. We have have extensive fundamental filtering and options filtering, about 1000 to their 70.
    ORATS Option Scanner
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    Omnieq
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  7. Robert Morse

    Robert Morse Sponsor

    Silexx does not offer the Option Analytics of CBOE LiveVol Core or Pro yet. I was told they are looking to add that in the "near" future with a look into the CBOE COB. I'm not sure what their time table is.

     
    ZBZB likes this.