Recently I used Claude to help me setup filters to find stocks to do CSPs and Credit Spreads on. Here’s what we do:
PART 1 - SCREENING FILTERS
Run these filters before opening any chart. They eliminate structurally inadequate stocks at the source
No Earnings Within 30 Days
Earnings Date > 30 days from today
Price Above 20D EMA
Last Price > 20D EMA
Minimum Daily ATR
14D ATR > $15.00
IV Percentile
IV Pctl > 50%
Open Interest
OI > 500 per strike
Weighted Alpha
Wtd Alpha > +20
PART 2 - TECHNICAL FILTERS
Open the 30-minute chart with EMA9, EMA21, ATR 1D, RSI 14, and FRVP (150 rows, 30-day anchor) configured. All five must pass
Spot Above Both EMAs
Price > EMA9 AND Price > EMA21
RSI Range
45 < RSI < 75
Daily ATR Confirmation
ATR (1D, 14) > $15
Daily Movement
Day change between -0.8% and +5%
Volume Profile (POC)
Spot above POC with support below strike
What about you guys? Criticism is welcomed, the purpose here is to learn.