Article discusses using Naked Put Screener to find high IV Rank stocks for option selling opportunities.

From Nasdaq: 2024-07-03 08:37:53

With markets bullish, use the Naked Put Screener to find high IV Rank stocks. IV Rank indicates current implied volatility levels compared to the past year. High IV Rank suggests option selling strategies like naked puts. Look at large cap stocks with IV Percentile above 60% for potential options selling opportunities.

Explore stocks with IV Percentile above 60%, Market Cap above 40B, Total Call Volume above 2000 for option selling research. Customize parameters for options trading strategies like naked puts, bull put spreads, and bear call spreads. Visit the Naked Puts Screener for results on stocks like ARM, SMCI, COIN, PLTR, and TSLA.

Cash-secured puts offer a way to own stock at a lower price through option strategy. It involves selling put options and setting aside enough cash to buy the stock if needed. Understand the risks and rewards of selling puts before diving into options trading. Consult a financial advisor for guidance.

In a TSLA Naked Put example, selling a $215-strike put on Tesla could yield a 5.0% return if the stock stays above $215 at expiry. Understand the risks of being assigned shares at the strike price and the potential for losses if the stock price drops. Cut losses to manage risk effectively.

Consider cash-secured puts for generating returns on strong stocks without immediate ownership. Assignments can lead to owning stock at a reduced cost base. Utilize covered calls to generate additional income on positions. Use the Naked Put Screener for option trade ideas, but remember the risks involved in options trading.



Read more at Nasdaq: Options Action: Naked Put Trade Ideas for July 3rd