Premium Screener?

Discussion in 'Options' started by Insurinator, Mar 15, 2010.

  1. Is there an options screener out there that will allow you to search for and compared specific premiums and/or premium ratios?

    Every once in a while I find a stock that offers an out of the money contract with 30 - 35 days left with a premium who's ratio is about 0.75/1.0 to the month after's premium at the same strike.

    These are a perfect opportunity for a calendar spread so I am wondering if there is something out there I can use to screen for premium ratios.
     
  2. Carl K

    Carl K

    There's probably a reason the front month volatility is so high.
    The screener program will not know why.
    Paper trade, and learn.

    I believe TOS has this scan functionality.
     
  3. The reason for the front months volatility is because I look at them 2 - 3 days after earnings. I look at them this way intentionally for that reason. Even a day after earnings I barely find 0.55/1.0 ratios unless it's ITM or 1 strike away from ITM.

    I do have TOS but am not sure how to scan for anything in relation to premiums. I'll look around on it some more and contact support.
     
  4. Nanook

    Nanook

    OpScan