I am regularly asked about how to find the best stocks for options trading and in 2020. The process below is for finding a suitable list of stock to have on my core list which Ive been using for many years.
You need your own core list or universe of stocks because looking at every stock in the known universe is stoopid and I certainly have got time to scan 12,000+ stocks without having some really critical filtering
Lets also agree that you do not need to look at every stock as some just are not worth the time or effort.
Thankfully there are many software tools and online tools both free and paid that will help you create a suitable universe of stocks for you to draw from in your day to day trading.
How to find the best stocks for options trading in 2020
This short check list is something that I run through once or twice per year to ensure I have a liquid pool of stocks that have potential to move and do interesting things with which to draw my daily stock selections from. Continue reading . . .