Guide

A cash-secured put screener that ranks by what you keep

Raw premium is a trap — a $4.00 bid on a $400 strike yields less than a $0.60 bid on a $20 strike. ThetaIQ's screener ranks every candidate by annualized return on collateral, the only number that compares fairly.

What a good CSP screen actually filters

A cash-secured put is a promise: reserve the cash, take the shares if assigned. A useful screener therefore filters on the seller's real constraints, not just "high IV":

Two filters most screeners don't have

Earnings blackout. A rich put the week before earnings isn't premium, it's a coin flip. ThetaIQ flags candidates whose earnings land before expiry, so you can skip them — or sell them deliberately, eyes open.

Leveraged-ETF skip. 2x and 3x funds carry structural decay that keeps their premiums permanently rich, so they crowd the top of every premium scan. If you'd never hold SOXL through assignment — and you shouldn't — one checkbox removes them and ~160 of their cousins from every result.

Ranked by annualized ROC

The sort order is the seller's metric — not raw premium, not IV rank, not volume.

Scope: names I own

Flip the scan to your own holdings and it becomes a covered-call candidate finder.

Click through to the math

Any row opens in the Analyzer: payoff, breakeven, Greeks, probability of profit — then one click logs the trade.

Nightly refresh

Chains are scanned nightly, so the morning list reflects yesterday's close — not last week's.

Premium first, then quality control

The screener answers "what pays?" — not "should I own it?". A 40% annualized yield on a company with deteriorating fundamentals is a trap with good marketing. Run the candidate through ThetaIQ's Consistency Rating (A–F from fundamentals, earnings beats and insider behavior) before you sell, and track the result in your wheel campaigns after. Screen, verify, sell, track — that's the loop.

ThetaIQ cash-secured put screener results ranked by annualized return on collateral
PREMIUM SCREENER — CSPs RANKED BY ANNUALIZED RETURN ON COLLATERAL

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