So basically I was browsing reddit and found someone mentioned a strategy that they use before buying call options.
So here's the code to screen stocks according to that strategy,
Here are all the checks for B-Score. If they are True, the counter gets increased by 1.
-
RSI <=40
-
Volume >=100
-
Filled price <= Lower Bollinger band
-
SMA ( 5 days) <= VWAP
-
Spread >=0.05 (This might change in future)
-
Filled price = Current Bid
-
IV<=40
-
Today gain <= 0