The Ultimate Option Scanner to Improve Your Trading

Discover How To Find The Best Option Trading Opportunities & Become A Successful Options Trader Today

Scans in seconds

Supports thousands of stocks and ETFs

Customizable filter criteria

Volume, open interest and implied volatility

Custom ticker lists

30 Day money back guarantee

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Triple Your Money in 3 Easy Steps!

Step 1

Run the Option Scanner

Scan thousands of tickers in seconds.

Grab your shortlist of option candidates and look for those that have shown large abnormal volumes vs open interest.

E.g. take a look at Coach Inc (COH) on the screen shot to the right.

The $40 call options are at the top of the list for suspicious activity.

 

Step 2

Verify/Place Trade

Some stocks naturally trade a lot of options, so high volumes don't always equal a good opportunity.

To be sure that something big might happen, make sure you look at the volumes for the day and check that the strike shown is significant.

E.g. the $40 call options here traded 12,759 times where the other strikes barely reached 100.

Also, COH is about to release their Q1, 2017 numbers the next day.

 

Step 3

Wait for Stock to Pop

The next trading day (2nd May, 2017) COH releases their earnings numbers, which come as a "surprise" to the market.

The stock jumps 11% on the news.

The $40 call options went from $1.07 to $3.48 in a single day!

The firm that bought those 12,759 contracts made $3,074,919 over night.

Here is a screen of the option prices after the announcement.

 

Here's how you will spy on the trading footprints left by Wall Street Insiders

Volume Signifies Key Trading Levels

This is the exact screen shot of the Option Scanner before I made 1,300% return, which you can read more about in the next section.

The scanner produces these results, every day, in an instant and shows you what option contracts have had the most significant volumes trading vs their open interest. If this happens on a stock before an earnings announcement, it means somebody is placing a HUGE bet on the outcome of the earnings release.

Now, why would 18,607 contracts trade through a single option contract before a stock reports its earnings numbers?

This trade represents $55,821,000 worth of stock in one strike alone in a single day. These bets aren't made by Mom and Dad investors like you and me; they are institutions with huge money at stake and trading from information unavailable to the retail traders.

But you can observe the footprints they leave with this powerful trading tool.

Now, I also took a screen shot of the option chain as I entered the trade. Check out the volumes of the other strikes here....almost NOTHING.

Yet this one strike price, $30, trades over 18,000 times two days before the stock releases earnings.

I'm not saying you are guaranteed to make money like this every time, in fact, you won't make money every time. But wouldn't you agree that this is a superb opportunity to take a further look into?

Take a Look at These Real Money Trading Examples

...

1,300% in 29 Days!

I bought My biggest gain with the Option Scanner Pro was this trade on BID

I bought 3 $30 call options @ 0.30 for a total spend of $150 and then sold back the calls for $7 less than a month later.

Total profit of $1,950 using only $150 in risk capital.

 

Trade Summary

...

100% Return in 23 Days

The scanner showed 11k contracts trading on the $45 puts...2 days before earnings were released. NO other option contracts had traded at all.

I bought 2 lots of $45 Puts @ 0.70 each, total premium $140. Earnings were relesed July 29th before market open.

Stock dropped ~3.5% after earnings. I closed out the options @ 1.40, doubling my money in 23 days.

Trade Summary

...

240% Return in 16 Days

I bought $10 puts on WILL on the 24th June @ 0.25.

After I shorted the market with puts, the stock tanked 30% in 15 days. The puts were then worth 0.85, so I exited the trade early the next day and made 240% return.

The stock continued to drop and the puts expired @ 1.48, which means I could have made 592% if I held to expiry!

Trade Summary

Check out these insane BONUSES

Bonus #1: Secret Strategy Video

Immediately after you purchase, you will be directed to a bonus video tutorial demonstrating exactly how to use the scanner not only for option gains but as a way to trade stocks outright!

Value - $97 value.

 

 Buy Now! 

Bonus #2: FREE Upgrades For 1 Year

The developer is always making improvements to the product; enabling faster scans, more data such as implied volatility etc. Typically these updates require a small upgrade fee, however, these charges are waived for the first year.

Value - $197 value.

 Buy Now! 

Bonus #3: LIFETIME Data Feed

The Option Scanner uses end of data option data taken from all of the option exchanges in the US, including the implied volatility data. This data is not free, if you were to subscribe to this data from a vendor such as this one, you would be paying $395 PER YEAR! But as a purchaser of the Option Scanner, access to this data is covered by your purchase price.

Value - priceless!!!

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Professional Trader's Video Review

Limited Time Offer

The Option Scanner Pro is normally $591 per year but currently it is being offered with a $394 discount for Option Trading Tips subscribers for $197 for a LIFETIME license. Yes, you only pay once and you will have this product for life. The package includes:

  • Unusual Volume Options Scanner 3.5 PRO ($297 value)
  • Secret Strategy Video ($97 value)
  • 1 year FREE upgrades ($197 value)
  • LIFETIME Data Feed

I have personally purchased and tested the product and will continue to make real money trades based on the scan results. And for $197 it is well worth it.

   Buy Now!   

 

Customers - Read the Option Scanner Tutorial

Comments (5)

PeterJune 23rd, 2017 at 7:16am

Hi Jared,

No, the Option Scanner here doesn't provide text alerts.

It does, however, allow you to scan all expiration weeks for stocks, ETFs and indices. By the looks of option sonar it only looks at "this week" and "LEAPS" when you click Browse By Expiry. And I think it only looks at equities.

Also, it does't look like option sonar allows users to customise the criteria that determines how unusual the volume spikes are. For example, you can configure the Option Scanner mentioned here to only show you options that have traded more than 2,000 lots while having at least 1,000 in open interest. Without these filters, a scan returns too many contracts to look at.

Also, the Option Scanner also allows you to filter and also sort by implied volatility. So, if a strike has a a lot of volume traded it can often pump up the price of the option, which increases the implied volatility. When buying options it is best to buy when implied volatility is low, so this scanner pulls out the high volume option trades while also letting you know if those also have low volatility.

Another thing is that the Option Scanner mentioned here allows you to build custom ticker lists so you can only scan those stocks that you're interested in. Or, more useful is actually removing those symbols that already trade a lot of options during any normal day, which makes identifying unusual volume trades more difficult; volume spikes are more interesting on obscure, or less well known stocks where perhaps there is an earnings announcement approaching.

JaredJune 23rd, 2017 at 12:02am

How do you guys compare to www.optionsonar.com? They seem to offer text message alerts for unusual option activity that matches your criteria. Does your scanner provide this?

PeterJuly 27th, 2016 at 3:22am

Hi Raja,

Yes, currently it is only supported for the USA market due to the ease of availability of option market data.

Raja ShuklaJuly 26th, 2016 at 8:06am

As i understand from the description that this is valid only for USA market!
If i want to use this for the indian market , what modification i have to do ?

Regards,

Karl van UdenJune 13th, 2016 at 5:49am

Trial

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