In this video, you will see an example how to use a filter on the options block trade screener to find options trading for relatively high option premium. To accomplish this, I set the IV percentile filter to over 90% percentile rank and then go to the option chain to view the historical implied volatility levels for that option. You will also see how to compare the market price of the option to a theoretical value to get a sense how far away the current option price diverges from a historical median.
Stock and option trading involves risk may not be suitable for all investors. This post is for informational purposes only, and is not intended to be a recommendation to buy or sell any security. Neither MarketChameleon nor any other party makes warranties regarding results from its usage. Past performance does not guarantee future results. Please consult a financial advisor before executing any trades.