Trade Finder - The Dedicated Trader

Better Trades Dedicated Trader

The option trade finder portion of The Dedicated Trader incorporates the trading criteria that are followed by the research team at BetterTrades.

The trade finder follows a specific set of rules to identify trades that meet the guidelines. Trades that don't meet the guidelines taught by BetterTrades are removed, with an explanation of the rule the position has broken.

A user will enter the stock symbol and designated the proper strategy (covered calls, selling puts, credit spreads, options) in the drag-down menu and execute the trade finder. In seconds the user will see the following:

  • A brief profile of the company, which details the sort of goods or services the company produces.
  • A stock chart in a candlestick format that spans the most recent three months. It's a simple price and volume chart, with a 20-day exponential moving average superimposed on the chart.
  • A graphic that shows the options expiration date and the next scheduled earnings date. If the dates fit within the BetterTrades framework, the user gets a green go signal; if no, the user receives a red stop signal.

From that point the screen moves forward to reveal potential trades that fit the BetterTrades criteria. Here is where users are provided with the ticker symbol, month and strike price, and other requirements. After careful study a trader can decide whether or not to enter the trade.

The Trade Finder is provided for education and informational purposes only. Interpretation and use of the data or analysis is at the user's risk. All information on the site is obtained from sources believed to be accurate and reliable.

The trade finder is an excellent source of information to help find the right stocks to buy and sell. It's targeted toward BetterTrades students and enables them to identify trading opportunities that meet the criteria.