Selling Premium screen
Looking for stocks with earnings in next 2 weeks with the idea of selling premium: strangles, call or put spreads, condors
Average Volume: 50 SMA > 500K
Need to have some liquidity in the options
Exchange: US Only
To have US options
Market Cap: At least Mid (2B+)
More volume and liquidity. Small caps don't always have options available.
Earnings date: Earnings in next 2 weeks
Tend to have higher premium, strategy looks to cash out after implied vol deflates post earnings
Volume Increase: 10% more last 5 days
Traders expect stock to move into earnings which leads to higher premium.
Price: Above 50
For a decent option value
Help decide where to place the short options. Ideally on the outside of the support and resistance.
Regional Run
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