optionDash

optionDash is a covered call screener tool designed to assist income investors in finding income-producing covered call trades. According to the vendor, this tool is suitable for individual investors of all company sizes and is utilized by various professionals and industries, including individual investors, income investors, traders, financial advisors, and investment professionals.

Key Features

Free Covered Call Screener: According to the vendor, optionDash provides a free covered call screener that allows users to screen stock and option data to find income-producing covered call trades. Users can create an account and verify their email to access the free screener, which uses real intraday market data and offers various screening filters.

Powerful Stock Scoring Systems for Quick Decisions: optionDash calculates a Value, Quality, and Trend score for each individual stock, aiming to provide a quick way to compare stocks and improve outcomes. The Value score evaluates the current value of a stock compared to market and historical averages, according to the vendor. The Quality score assesses the fundamental health of a company, considering factors like profitability, leverage, and quality of earnings, as stated by the vendor. The Trend score evaluates the recent direction and momentum of the stock price using technical indicators, according to the vendor.

Institutional Grade Features for Individual Investors: optionDash aims to provide covered call investors with tools to trade like professionals, offering institutional-grade features in a user-friendly interface, according to the vendor. The platform includes a cash secured put screener, allowing users to switch between covered call and cash secured put searches with one click, as stated by the vendor. Users can access advanced screening criteria, including various expirations, moneyness, and fundamental data and ratios, according to the vendor. optionDash also offers the ability to save searches, create idea lists, and maintain a watchlist of favorite covered call stocks, as stated by the vendor.

Idea Lists: optionDash offers Idea Lists that follow specific indexes or investment themes to narrow down the search for covered call trades, according to the vendor. Idea Lists include common indexes like S&P 500, NASDAQ 100, and DJIA, allowing users to overlay covered calls on these indexes, as stated by the vendor. Other Idea Lists include Dividend Aristocrats, High Dividend Low Volatility stocks, Dividend Kings, Barron's 400, Work-From-Home stocks, and Cloud Computing stocks, according to the vendor. Idea Lists aim to help users start with an idea and find the best income-producing covered call trades, as stated by the vendor.