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About: Option screener     Goto   Sponge   NotDistinct   Permalink

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Type: software New Facet based on Instances of this Class

An option screener is a tool that evaluates options based on criteria and generates a list of potential trading ideas. Most people who trade options are technical traders. It essentially means they look for patterns in charts. Also they use statistical correlations and deviations and give them Greek names like alpha, beta, delta, theta, gamma, vega, and rho.