Financial Derivatives Scanner for Options
Filter and Screen over 10 million options by 15 metrics including implied volatility, liquidity, Percentage OTM and more. With our Options Scanner, you can be much more efficient finding the ideal option for hedging, trading, or premium selling.
Have you ever researched options by going to one option chain at a time? Did you find that inefficient and time consuming?
FDscanner started because the site creator wanted to optimize his research for selling put premium, and expand his research across the entire option universe.
We launched with the Options Scanner, and over time added additional features. The Tendies index screens for unusually low priced options with respect to 10 day stock price volatility, while the Skew index finds stocks with high Put/Call price imbalances.
If you made over $100 with this site, consider upgrading to Pro which has all 1905 US stocks with options. The free site contains S&P500 stocks.
MAX Tendies Index
A purpose built screener for weekly options with tight spreads.
We built a custom indicator, NTR, based on past 10 days volatility and used it to set price targets for every stock. Then we rank all options by the number of times it will multibag if that price target is hit. The number of times it’ll multibag is the Tendies Index.
In short, the Tendies index finds options that are underpriced relative to recent price movement, narrowing down millions of options to a hundred. It will then be up to you, the trader, to find and seize profitable trades. The index updates every 15 minutes during trading hours, and does a final update at Friday, 90 minutes after open.
Put/Call Skew Index
What is Skew index
Call Skew index shows the ratio of 10% OTM calls to 10% OTM puts and vice versa for Put Skew index.
The option expiry date used is the next monthly expiry date, it’s always between 30 – 60 DTE.
Find Supply/Demand imbalances
An equally OTM put and call should theoretically be priced the same. Skew index curates a list of stocks with unusual supply/demand imbalance in options for you to research further.
Using the Skew index
- If you’re a contrarian, you yield better risk/reward ratios betting against the skew.
- Put premium sellers benefits from high put skew.
- A basket of put options with high call skew could be a more effective hedge than SPY puts.
View the Skew Index
Unusual Option Activity
Retrieves unusual stock option activity, defined by high volume to open interest ratio. Option volume that exceeds open interest signals new positions by institutional traders.
Unlock all 1905 US Stocks with Options for $25/month
If you have made money with FDscanner, consider upgrading to Pro with 4x the number of stocks available in the Option Scanner, Tendies and Skew index and Unusual activity scanner.
Try FDscanner Pro + MiiAlgo free for 30 days
On Aug 3rd, we launched MiiAlgo. MiiAlgo curates a watchlist of stocks that are exhibiting unusually strong, directional momentum in real time and was created to find the start of strong trends. If you trade stocks intraday, you’ll love it.
During the soft launch, try MiiAlgo + FDscanner Pro free for 30 days.
Find out more at https://miialgo.com