SHEET 20 — OPTIONS SCANNER

Scan the market like a desk quant.

Filter the entire options market by IV rank, probability of profit, delta, DTE, liquidity, open interest, earnings date, expected value and spread width — then hand any hit to the Decision Engine before you commit capital.

Educational research only. Not financial advice.

Run this through GiottoO Decision Engine

What's inside

IV Rank & Percentile

Filter for names where implied volatility is rich or cheap relative to its own 52-week range — the first gate for premium sellers.

Probability of Profit

Screen structures by model POP so every result already clears your minimum probability threshold before you look at it.

Delta Bands

Constrain short-strike delta (e.g. 0.16–0.30) to keep every scan hit inside your risk tolerance for directional exposure.

Days to Expiration

Target the DTE window your strategy needs — 0–7 for gamma-aware traders, 25–50 for classic theta harvesting.

Liquidity Score

Composite bid/ask width, volume and market-depth score filters out chains you cannot enter and exit cleanly.

Open Interest Floors

Require minimum open interest per leg so fills are realistic and slippage assumptions hold.

Earnings Date Awareness

Include or exclude names reporting inside your holding window — avoid surprise event risk or target it deliberately.

Expected Value & Spread Width

Rank results by model EV and cap spread width so max loss is defined and capital use is efficient on every hit.

Preset scans

SAMPLE SCAN OUTPUT — ILLUSTRATIVE DATA

High-IV premium sell

IVR ≥ 60 · POP ≥ 70% · no earnings inside DTE
TickerStrategyPOPIV RankEV
XOMPut credit spread74%71+$16
MUCall credit spread72%68+$12
GLDPut credit spread78%63+$9

Liquid iron condors

Liquidity ≥ 90 · IVR ≥ 45 · width ≤ $5
TickerStrategyPOPIV RankEV
SPYIron condor68%52+$14
QQQIron condor66%57+$17
IWMIron condor70%49+$11

Earnings premium

Reports in ≤ 5 days · implied move > historical avg
TickerStrategyPOPIV RankEV
NKEIron condor64%84+$21
STZShort strangle (defined)62%79+$18

Cheap debit spreads

IVR ≤ 30 · debit ≤ 40% of width · liquidity ≥ 80
TickerStrategyPOPIV RankEV
TLTCall debit spread44%22+$13
XLUCall debit spread47%26+$8
KOPut debit spread41%19+$7
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GiottoO TradeScript generates educational, copyable trade setup templates only. GiottoO does not place trades, route orders, connect to your broker, or provide financial advice. Review all details, risks, fees, liquidity, and broker requirements before using any copied trade setup.

What each plan unlocks

Free
3 preset scans per dayDelayed dataCore filters (IV rank, POP, DTE)
Premium
Unlimited scansAll filter dimensionsSaved presetsAlerts when a scan produces new hits
Pro
Fully custom scan builderAPI access to scan resultsCSV / JSON exportsPriority data refresh
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Questions this answers

The questions professional options traders actually ask — and where GiottoO answers them.

Volatility

GiottoO Volatility Edge
  • Is implied volatility cheap or expensive?
  • Is IV rank high enough to sell premium?
  • Is IV percentile stretched?
  • What is the implied move?
  • Is the market underpricing or overpricing the event?
  • What happens after IV crush?

Liquidity

GiottoO Risk Lens — Liquidity Score
  • Is the bid/ask spread too wide?
  • Is there enough open interest?
  • Is there enough volume?
  • What is expected slippage?
  • Can this trade be entered and exited cleanly?

Strategy Selection

GiottoO Decision Engine — Strategy Selector
  • Should I buy premium or sell premium?
  • Should I use a debit spread or credit spread?
  • Is an iron condor appropriate?
  • Is the expiration too short?
  • Are the strikes too aggressive?
  • Is this a better trade as a spread instead of a naked option?

GiottoO Perspective

Unlock GiottoO Perspective.

Full probability engine, Monte Carlo simulations, volatility edge, scenario lab, catalyst scoring, alerts and watchlists — everything the free tier holds back.

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Scan results shown above are sample output with illustrative data only. They do not reflect live market conditions and are not trade recommendations.

GiottoO provides educational market research and probabilistic analysis only. Nothing on this page is financial advice. Options trading involves substantial risk of loss and is not suitable for all investors.