Delta Scanner

A Delta Scanner analyzes options' Delta values to identify the best covered call opportunities, helping you optimize your options strategy by evaluating the sensitivity of option prices to changes in the underlying asset.

Delta measures the rate of change in an option's price relative to changes in the price of the underlying asset. In covered calls, a higher Delta means the option is more sensitive to the asset's price movements, potentially leading to higher premiums.

You can set the Delta range in the scanner's settings. Adjust it to focus on options with specific sensitivities to price movements, helping you find the most optimal covered call opportunities.

You can use the Delta Scanner to analyze a wide range of stocks and indices for covered call opportunities. Simply enter the ticker symbol of the asset you wish to explore.

The Delta Scanner helps you find the best covered call opportunities by focusing on options with favorable Delta values. This leads to optimized returns by selecting options that react more predictably to market movements.