Scans - Find Opportunities - Overview

Stagnant? Uncertain?  Bearish or Bullish? Short or long term?  No problem!

This “Find” category is  where to find opportunities based on current Market activity and outlook, or select opportunities based on events, such as Earnings or Dividend announcements.

Whether looking for opportunities based on The Score, Events, Chart Patterns, Bullish, Bearish, Stagnant or Unknown outlook, a scan will help you find potential trade opportunities.  

You can drill-down for scans by Category, Sub-Categories, then Group.

Example:  Strategy>Time Spreads>Call Calendar Spreads.   You can use the drop-down box, above the Category boxes to search for the scan you want or type in the box a generality about the scan.  Examples:  “Earning”, “Bull”, “Bearish”. “Score”, “Red”, “Green” will yield scans with that particular name in the scan


Overview of Scans

Want some ideas to take advantage of market conditions? This is the place to find Stock and Option opportunities based on bullish, bearish and stagnant outlook.

Choose from dozens of scans based on events or components of “The Score”: Fundamentals, Valuation, Technical & Inner Circle.  

Ideas and Features offer even more opportunities.

The [i] icon provides a short explanation of the strategy.
Best of all, you are able to keep your favorites all in one place by ‘starring’ it for future use.

The Top 4 Categories

The names may be different, but the scans remain the same! 

Feature – Your favorite and our highlighted scans, including scans related to The Score.

Ideas – Scans for general ideas including Dividends, Money Flow, Volatility, Earnings and more.

Outlook – For Bearish, Bullish and Stagnant outlook conditions.

Strategy – Over 20 strategy-specific scans including Bull Put, Bear Call, Iron Condor and more.

The Tile

The Tile shows the name and often, a short description of the Scan and the number of stock in the results.   For more information about a scan click the [i] icon.
By clicking the Star icon on the Scan Tile, it will be added to your “Favorite Scans”  group.

Dynamic Scan Information

The scan results provide relevant information for that scan.   For example: Dividends will show Yield, Covered Calls will show the options position, potential return, net cost and more.

This allows you to quickly pick stock candidates and bypass others for high-probability trades.  For example, you may wish to eliminate stocks priced too high or low, those with low volume, etc.   Use the Navigational tools (Action Icon, The Score Icon, Send to Watchlist or Research for example) to dive deeper in selecting the best stock.

Filter Scan Icon

The Filter icon  – located in the upper left area of the scan page – allows you to narrow candidates of an initial scan by applying additional parameters.
You can adjust the criteria at any time to further narrow or increase the number of results by eliminating, adding or adjusting entries.
This Smart Search feature filters data unique to the scan.  Ex:  Covered Calls Filtering offers Net Entry Cost, $ Return with no Movement, $ Return if Called out, etc.

Use drop-down box to select parameters and enter criteria in boxes.
Add rows if needed by clicking on ‘+’
If you need more space, click and drag the arrow in the bottom, right corner.
Click “Find”.

Click ‘Reset’ to start over.  The “Query” button displays the criteria at the top of the Filter page.  Click again to remove.

Give it a try!

Smart Action Icon

The Smart Action Icon  adjusts available features depending upon where you are in the trading platform.

For Stocks you can ‘Buy’, ‘Sell’, view ‘Options’, etc.  

Any Strategy-specific options scan will have ‘Analyze’ and ‘Trade’ in the Action Icon Menu. You can click ‘Analyze’ to see the trade in the options chain. From there, you can Edit the structure or click ‘Trade’ to submit the trade to your to Brokerage Account and Journal.

Scan - Smart search

The search box  is found at the top of Find.  It performs ‘smart searches’ by pulling all scans related to what is typed in.  If you don’t know the name of the specific scan, but know it is related to Earning  announcements, type “earning” and a list will populate showing scans that are about Earning.  Typing  “Bull” or  “Bear” will bring up scans with  “Bull or Bullish” or “Bear or Bearish” in their names, respectively.

Of course, you can also elect to search by clicking the arrow for a complete list of available scans in a drop-down search.