Find Option Trades That Have a Backtested Edge
Our option trading scanner shows you the historical performance of every trade setup it finds.
Option Trading Scanner Service
Our option trading scanner identifies trade opportunities that have a backtested edge. Here at Stock Market Guides, our specialty is bringing data and statistics to your trading decisions. With every option trade setup that comes up in our scanner, you’ll be able to see exactly how that trade setup has performed historically in backtests. This allows option traders to make fully informed trading decisions. There’s no longer a need to take a blind leap of faith when making a trade.
How Our Option Scanner Works
Here’s an example of what the results look like from our option scanner. You can see that each scan reflects a specific trading strategy based on technical analysis (like chart patterns and stock indicators). Each scan result shows not only the option, but also how that same type of option performed historically for that trading strategy according to our backtest research.
Features of Our Option Trading Scanner
Shows Historical Performance
What makes our option scanner one-of-a-kind is that each scan result shows how that type of option performed in backtests when the same scan conditions were met in the past. Why waste time or money considering option trades that don’t have a track record of success?
Gives Complete Option Trade Setups
Each scan result offers a full option trade setup, including strike price and expiration date. It gives you a specific amount of time to hold the position. This takes the guesswork out of your trading decisions. You know exactly how long to hold the position.
Get Alerts for New Scan Results
If you pay for our service, then you can enable alerts for any option scans you want. This means you will get alerted each time our screener picks up new scan results. Alerts can be sent by email or text. You can set your preference after you sign up for the service.
Lots of Ways to Filter Options
Subscribers can see all option scan results at once and sort by the ones that have the best backtested performance. But we also cater to a variety of different ways to search and filter scan results.
Option Trading Strategy
Search for underlying stocks that meet the criteria for particular chart patterns, candlestick patterns, or stock indicators, and see specific options you can buy to capitalize on them. You can also filter for our proprietary trading strategies. These are swing trading strategies that we know have a strong backtested edge.
Historical Performance
Filter option trade setups by backtested performance, such as a minimum win percentage or annualized return.
Option Contract Price
You can use filters to ensure you only see trade setups that are for options in your preferred price range.
Market Cap or Industry
Use scan filters to limit your results to companies in particular sectors, or filter scan results by company size.
Get Real-Time Scan Results Before and During Market Hours
Our option scanner looks for trade opportunities both before the market opens (pre-market) and during normal market hours. You'll see new scan results in real time as they occur. This ensures that our scanner caters to a wide audience. For those who have work during the day and can't manage trades when the stock market is open, they can use our pre-market scans to find option trades that can be administered in pre-market hours before the market opens.
Our Stock Charts Show Trend Lines for Chart Patterns
Each time a scan result comes up for any given chart pattern, you'll be able to see a stock chart that shows the trend lines for the pattern. This helps you visualize the pattern for that stock and might make it easier to decide how to manage an option trade based on it.
Popular Scans We Offer
This section gives you access to our free swing trading scans. They allow you to find stocks with patterns and indicators, but they do not include everything we offer.
You'd have to upgrade to our paid service to access these features.
See the option strike price and expiration date to use for each scan result
See the historical performance of each scan result
Get complete trade setups including when to close the trade
Enable alerts by text or email
See real time scan results during market hours
Get access to scans for our proprietary trading strategies.
Save and follow individual scan results
Chart Pattern Scanner
Our scanner finds stocks exhibiting the following popular stock chart patterns:
Stock Indicator Scanner
Our scanner finds stocks based on the following popular stock indicators:
Candlestick Pattern Scanner
Our scanner finds stocks exhibiting the following popular stock candlestick patterns:
Option Strategies We Feature
The option trade setups our scanner finds are for simple call option purchases. Based on the research we’ve done here at Stock Market Guides, deep in-the-money options might offer the best opportunity to capitalize on the backtested edges we’ve found. Our goal is to give you the best odds of making a profit, so that’s why we feature those types of option strategies exclusively. Also, we don’t send alerts for buying put options. Of all the research we’ve done, we’ve never found a long-term mechanical edge to buying puts.
Learn Option Trading Strategies
If you don’t know exactly what an option is or don’t know how to trade an option, you can check out our free options guide for beginners. Once you sign up for the service, you’ll also find tutorials that teach our options trading strategies in detail so that you can learn to trade them on your own if you want. These are strategies we developed over the course of our research that have a strong backtested edge. Learning option trading strategies that have an actual track record of success historically might offer a lifetime of value.
Other Services We Offer
Aside from our option scanner service, we also offer these services:
If you don't want to do the work yourself to find trades using our scanner, consider letting our scanner automatically pick option trades for you.
Our option scanner caters exclusively to options, but it uses swing trading strategies. If you'd like to trade stocks using those strategies, consider our swing trading scanner service.
If you want to find stock investments based on stock fundamentals like P/E ratios and revenues, you can consider our stock investing scanner.
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Customer Testimonials
I am new to options trading and I've only been trading the last two months and I've been profitable both months with the help of the Stock Market Guides.
Sam from Texas
My average ROI per option contract last month was 16.4% (negative %% included). The service you provide appears to be exactly as advertised.
Dennis from Florida
I'm making money, that's what matters. Well worth the $70 per month. I hope to, and plan to, use your service for as long as you'll have me.
James from Alabama
I only joined the service last week, but I am very impressed with the level of customer service you provide.
Gary from Virginia
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