The Best Options Report is released every morning that the options market is open. You can learn how to trade this report here and see the results of the trades on this page.

What is the Best Options Report?

The Best Options Report is a tool designed to help you identify profitable trade setups. Each morning, our software reviews the 400+ most popular stocks with weekly options being traded in the market.

We review each stock for:

  • Historical volatility (realilzed vol over past 45 days) verses implied volatility (in the option prices)
  • Efficiency (bid ask spread, volume, open interest)
  • Direction (what the technical factors are telling us about direction)

We compile the results into bullish and bearish setups Рa menu of potential trades Рfor you to review. Whether you are an experienced trader or just starting out, the Options Report provides you with a powerful tool to explore and identify potentially profitable trade setups based on your criteria.

If you have questions on this report, please email [email protected] for more! If you need help, join the discussion on¬†Discord¬†where we can answer questions and support.

What the Best Options Report Looks Like:

This is what shows up in your inbox, every morning, entirely for free!

 

Summary Table

These trades are the best result from each of the following tables.

Filter Stock/C/P Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
Efficient QQQ/388/350 $2.92 $2.24 1.65 1.26 0.0 1.3 99.0
Most Premium TTD/82.5/75 $4.15 $5.15 2.11 2.15 7.0 2.42 82.6
Bullish RTX/85/75 $0.29 $0.97 1.13 0.92 0.0 0.71 87.6
Cheap Calls WAL/50/45 $1.6 $2.28 0.52 0.42 0.0 1.75 85.1
Expensive Calls TTD/82.5/75 $4.15 $5.15 2.11 2.15 7.0 2.42 82.6
Expensive Puts TJX/95/85 $0.9 $1.16 2.33 1.81 14.0 0.93 88.3
Bearish DIA/358/324 $1.27 $0.45 1.89 1.18 0.0 0.8 87.7
Cheap Puts WAL/50/45 $1.6 $2.28 0.52 0.42 0.0 1.75 85.1
Earnings BILL/75/65 $2.78 $1.88 1.06 0.7 0.5 2.57 75.5

Most Bearish

These stocks and put options are the most directionaly bearish. Fade the recent bearish action by selling high premium puts or join the trend with puts with low “Put Pricing.”

Stock/C/P Direction Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
DIA/358/324 -4.55 $1.27 $0.45 1.89 1.18 0.0 0.8 87.7
JKS/37.5/32.5 -4.37 $2.1 $1.08 1.66 1.05 0.0 1.43 76.5
BILL/75/65 -4.12 $2.78 $1.88 1.06 0.7 0.5 2.57 75.5
IBM/155/140 -4.02 $0.69 $0.37 1.55 1.03 0.0 0.57 86.1
SVXY/94/84 -3.95 $2.02 $1.38 1.7 1.12 0.0 1.28 72.7
IVV/460/415 -3.6 $2.1 $1.1 1.75 1.24 0.0 1.0 86.1
XLF/36/31 -3.58 $0.11 $0.1 1.63 1.17 0.0 0.89 85.2

Most Bullish

These stocks and call options are the most directionally bullish. Fade the recent bullish action by selling high premium calls or join the trend with calls with low “Call Pricing.”

Stock/C/P Direction Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
RTX/85/75 10.37 $0.29 $0.97 1.13 0.92 0.0 0.71 87.6
ZS/170/155 3.84 $6.7 $10.22 1.34 1.44 28.0 2.14 89.8
SDOW/27/23 2.85 $0.3 $0.6 1.23 1.63 0.0 -2.39 75.0
MRNA/80/70 2.74 $1.78 $4.55 1.32 1.73 0.5 1.43 73.0
DKNG/36/32 1.91 $1.21 $1.4 1.18 1.43 0.0 2.35 80.5
ENPH/80/75 1.63 $2.94 $6.9 1.13 1.32 0.0 1.86 94.2
ZM/65/60 1.57 $2.53 $3.42 1.81 2.13 18.0 1.79 96.4

Cheap Calls

These call options offer the lowest ratio of implied volatility (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move up less than it has moved up in the past. Buy these calls.

Stock/C/P Direction Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
WAL/50/45 -2.1 $1.6 $2.28 0.52 0.42 0.0 1.75 85.1
BILL/75/65 -4.12 $2.78 $1.88 1.06 0.7 0.5 2.57 75.5
DFS/92.5/82.5 -1.88 $1.38 $1.0 1.03 0.85 0.0 1.09 75.9
TFC/32.5/30 -1.85 $1.02 $0.75 1.06 0.89 0.0 0.99 90.9
CI/330/300 -2.44 $3.85 $1.9 1.18 0.91 0.0 0.6 83.0
RTX/85/75 10.37 $0.29 $0.97 1.13 0.92 0.0 0.71 87.6
HES/155/140 -2.09 $1.92 $1.95 1.13 0.92 0.0 0.8 88.4

Cheap Puts

These put options offer the lowest ratio of put implied volatility (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move down less than it has moved down in the past. Buy these puts.

Stock/C/P Direction Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
WAL/50/45 -2.1 $1.6 $2.28 0.52 0.42 0.0 1.75 85.1
ANET/220/200 0.51 $3.6 $7.85 0.94 0.97 0.0 1.39 91.3
GNRC/110/95 -0.12 $2.17 $3.45 0.98 0.95 0.0 1.89 92.2
DFS/92.5/82.5 -1.88 $1.38 $1.0 1.03 0.85 0.0 1.09 75.9
TECK/40/35 0.24 $0.7 $0.84 1.04 1.07 0.0 0.95 71.1
SCHW/57.5/52.5 -0.5 $1.23 $1.81 1.05 0.99 0.0 1.05 71.1
TFC/32.5/30 -1.85 $1.02 $0.75 1.06 0.89 0.0 0.99 90.9

Expensive Puts

These put options offer the highest ratio of bearish premium paid (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move down significantly more than it has moved down in the past. Sell these puts.

Stock/C/P Direction Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
TJX/95/85 -2.23 $0.9 $1.16 2.33 1.81 14.0 0.93 88.3
WMT/175/155 -2.75 $1.27 $0.7 2.29 1.77 10.0 0.45 94.1
TTD/82.5/75 0.17 $4.15 $5.15 2.11 2.15 7.0 2.42 82.6
BBY/70/62.5 -1.22 $1.5 $2.04 2.11 1.85 18.0 1.19 78.0
ROST/130/115 -1.04 $2.25 $1.55 2.07 1.87 14.0 1.12 82.4
ASHR/27/24 -2.55 $0.3 $0.22 2.07 1.61 0.0 0.36 71.7
BURL/140/125 0.45 $6.1 $6.6 2.02 2.09 18.0 1.31 82.3

Expensive Calls

These call options offer the highest ratio of call implied volatility (IV) relative to historical volatility (HV). These options are priced expecting the underlying to move up significantly more than it has moved up in the past. Sell these calls.

Stock/C/P Direction Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
TTD/82.5/75 0.17 $4.15 $5.15 2.11 2.15 7.0 2.42 82.6
ZM/65/60 1.57 $2.53 $3.42 1.81 2.13 18.0 1.79 96.4
BURL/140/125 0.45 $6.1 $6.6 2.02 2.09 18.0 1.31 82.3
URA/28/25 1.16 $0.6 $1.2 1.8 2.02 0.0 1.35 75.0
ILMN/120/110 0.66 $6.1 $7.4 1.89 1.99 3.0 1.39 81.0
TTWO/145/130 0.39 $3.0 $4.57 1.81 1.91 4.0 0.96 74.2
HUBS/440/400 0.81 $16.5 $21.35 1.76 1.91 0.5 2.2 79.7

Highest Premium

These options offer the highest ratio of implied volatility (IV) relative to historical volatility (HV). These options are priced to move more than they have moved in the past. Sell iron condors on these as they may be over priced.

Stock/C/P Direction Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
TTD/82.5/75 0.17 $4.15 $5.15 2.11 2.15 7.0 2.42 82.6
TJX/95/85 -2.23 $0.9 $1.16 2.33 1.81 14.0 0.93 88.3
BURL/140/125 0.45 $6.1 $6.6 2.02 2.09 18.0 1.31 82.3
WMT/175/155 -2.75 $1.27 $0.7 2.29 1.77 10.0 0.45 94.1
BBY/70/62.5 -1.22 $1.5 $2.04 2.11 1.85 18.0 1.19 78.0
ZM/65/60 1.57 $2.53 $3.42 1.81 2.13 18.0 1.79 96.4
ROST/130/115 -1.04 $2.25 $1.55 2.07 1.87 14.0 1.12 82.4

Most Efficient

These stocks have the best liquidity. This means that they offer the least slippage, tightest spreads and the cheapest cost of a round trip trade. Best for short term trades.

Stock/C/P Direction Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
QQQ/388/350 -2.57 $2.92 $2.24 1.65 1.26 0.0 1.3 99.0
NVDA/480/435 -0.48 $19.77 $19.75 1.49 1.4 15.0 2.21 98.9
TQQQ/40/36 -0.97 $1.85 $1.75 1.5 1.34 0.0 3.88 98.9
TSLA/235/210 0.16 $7.45 $9.7 1.22 1.24 0.0 2.08 98.8
GOOG/140/125 -0.87 $1.72 $0.82 1.11 1.01 0.0 1.29 98.5
GOOGL/135/125 -0.41 $2.04 $1.78 1.11 1.11 0.0 1.3 98.4
MU/75/67.5 -0.5 $1.13 $2.22 1.28 1.21 50.0 1.44 98.4

Upcoming Earnings

These stocks have earnings approaching and their premiums are usually elevated as a result. These are high risk high reward option plays where you can buy (long options) or sell (short options) the expected move.

Stock/C/P Direction Put $ Call $ Put Premium Call Premium E.R. Beta Efficiency
BILL/75/65 -4.12 $2.78 $1.88 1.06 0.7 0.5 2.57 75.5
MRNA/80/70 2.74 $1.78 $4.55 1.32 1.73 0.5 1.43 73.0
MGM/40/36 -1.04 $1.03 $1.25 1.84 1.67 0.5 1.4 72.4
EXPE/120/110 -1.18 $2.82 $2.69 1.11 0.98 0.5 1.29 73.2
HUBS/440/400 0.81 $16.5 $21.35 1.76 1.91 0.5 2.2 79.7
RCL/97.5/87.5 -1.17 $2.15 $2.4 1.44 1.25 0.5 1.62 81.7
TWLO/57.5/50 -0.2 $2.42 $3.15 1.75 1.72 0.5 2.24 87.5

The Columns in the Report:

These columns represent the methodology used in the report. In short, we compare Historical Volatility with Implied Volatility to highlight pricing opportunities on popular optionable stocks. Here is a breakdown of each column.

  • HV:¬†This stands for Historical Volatility and looks at the logarithmic mean of daily returns on an annualized basis. In other words, how volatile has this underlying stock been in the past? This is in contrast to Implied Volatility which represents the prices option traders are willing to pay for the expected volatility in the future.
  • Call Premium¬†and¬†Put Premium: The word ‚Äúpremium‚ÄĚ represents the relationship between HV and IV. If a stock has an HV of 20 but an IV of 30, then its options carry a 1.5x premium on the implied forward-looking volatility relative to realized historical volatility.
  • Direction:¬†Ranges from -100 (bearish) to +100 (bullish) and accounts for RSI, price trend, moving averages, and put/call skew. A growing number of technical indicators are weighted and averaged to produce one figure to represent the bullish or bearish trend of the stock during the time period.
  • E.R.:¬†This represents the number of days until the next Earnings Release (E.R.). Use this value to find upcoming earnings trades, or to avoid them.
  • Priced(+) and Priced(-):¬†This represents the dollar change necessary in the underlying stock to break even by the expiration date.
  • Stock/C/P:¬†This column combines the underlying stock, call strike, and put strike that were used in the analysis represented in the table.
  • Beta:¬†Beta is the sensitivity of the underlying stock to the movements of SPY. A value of 2.3 means that the underlying tends to move (up or down) 2.3 times the magnitude that SPY moved on that same day. This is another measure of volatility.

How to Trade the Results of the Best Options Report:

  • Cheap Calls:¬†These call¬†options¬†offer the lowest ratio of implied volatility (IV) relative to historical volatility (HV). These¬†options¬†are priced expecting the underlying to move up less than it has moved up in the past. Buy these calls.
  • Expensive Calls:¬†These call¬†options¬†offer the highest ratio of call implied volatility (IV) relative to historical volatility (HV). These¬†options¬†are priced expecting the underlying to move up significantly more than it has moved up in the past. Sell these calls.
  • Cheap Puts:¬†These put¬†options¬†offer the lowest ratio of put implied volatility (IV) relative to historical volatility (HV). These¬†options¬†are priced expecting the underlying to move down less than it has moved down in the past. Buy these puts.
  • Expensive Puts:¬†These put¬†options¬†offer the highest ratio of bearish premium paid (IV) relative to historical volatility (HV). These¬†options¬†are priced expecting the underlying to move down significantly more than it has moved down in the past. Sell these puts.
  • Most Bearish:¬†These stocks and put¬†options¬†are the most directionaly bearish. Fade the recent bearish action by selling high premium puts or join the trend with puts with low ‚ÄúPut Pricing.‚ÄĚ
  • Most Bullish:¬†These stocks and call¬†options¬†are the most directionally bullish. Fade the recent bullish action by selling high premium calls or join the trend with calls with low ‚ÄúCall Pricing.‚ÄĚ
  • Highest Premium:¬†These¬†options¬†offer the highest ratio of implied volatility (IV) relative to historical volatility (HV). These¬†options¬†are priced to move more than they have moved in the past. Sell iron condors on these as they may be over priced.
  • Upcoming Earnings:¬†These stocks have earnings approaching and their premiums are usually elevated as a result. These are high risk high reward¬†option¬†plays where you can buy (long¬†options) or sell (short¬†options) the expected move.
  • Most Efficient:¬†These stocks have the¬†best¬†liquidity. This means that they offer the least slippage, tightest spreads and the cheapest cost of a round trip trade.¬†Best¬†for short term trades.

If you have questions on this report, please email [email protected] for more! If you need help, join the discussion on¬†Discord¬†where we can answer questions and support.

It is important that you conduct your own research and due diligence to determine if the investment presented in this Email Newsletter is suitable for you. The information provided is for educational purposes only and should not be considered a recommendation or financial advice. Please note that the Company relies on its financial data providers at the time this report was generated, and as such, makes no guarantees of the accuracy of the data presented in this Email Newsletter. It is your responsibility to verify any information presented here and to make informed investment decisions based on your own independent research and analysis. The Company will not be held liable for any errors, omissions, or damages resulting from your reliance on the information presented in this Email Newsletter.