Professional
traders are well aware of the fact that an increase in a
stock's option volume is often the precursor of a move by
the underlying stock itself provided you can "screen
out" extraneous option activity. The Daily Volume
Alert Service comes to you daily with recommendations on
stock options based on our proven screening process,
including:
Daily
commentary and data
Specific
Entry Points for each trade
Optimal
usage instructions
The Screening Process
Lawrence G. McMillan, best selling author of Options
As A Strategic Investment, developed the computer
screens that "weed out" the most attractive
candidates. It is important to realize that this is not
merely a list of which options are the most active. Those
"active options" are generally not where the
smart money is operating. Rather, we compare the current
option volume with the normal option volume. Then, we
eliminate those situations where option activity has
increased due to immaterial factors such as spread trading
or covered call writing. After these screens have been
made, there is a good chance that a trading candidate has
been discovered.
Subscribers to this service also get great
discounts on brokerage service. Details are provided in
your first Daily Volume Alert.