CHICAGO, Feb. 26, 2013 /PRNewswire/ -- Barchart.com, Inc., a leading provider of market data and information, today announced the introduction of a new equity option Covered Call Screener on Barchart's financial website (www.barchart.com). This premium product allows users of Barchart.com to search for the best covered calls based on their trading strategy, and to select the contracts most adapted to their portfolio in order to sell call options and capture option premiums.
"Our covered call screener is the first in an entire line of technical premium products we are developing. This is a valuable tool for equity option traders, who make up a growing percentage of our user base since we added equity option quotes to our site last year," said Eero Pikat, President of Barchart. "This is the first of several new premium services Barchart will be releasing over the course of 2013. These products will deliver more value to our users through our extensive database of analytics and our cutting edge technology," added Pikat.
Key features of Barchart's covered call screener include:
- Search for calls for a given U.S. equity symbol, including weekly and monthly options.
- Traditional profitability calculations such as return if the stock stays flat, downside protection and annualized return if flat.
- Filter by exchange and market capitalization.
- Sort by moneyness.
- Filter based on upcoming earnings reports, in order to increase downside protection ahead of the report.
- Filter covered calls by stocks earning the highest dividends in order to add dividend income to the covered call income.
Users can also search for covered calls on Barchart's technical lists, such as top traded stocks, volume leaders, new highs and lows, and stocks with the highest Barchart opinion ranking.
For more information, please visit http://www.barchart.com/stocks/covered-calls/registration/details.
With a heritage dating back to 1934, Barchart.com, Inc. has substantial experience in meeting the information needs of the financial, media, agriculture and energy industries. As a full-service provider of equity, index, mutual fund, futures and foreign exchange market data, Barchart provides a wide range of market data products and solutions for customers ranging from institutional to retail. As an established leader in an industry that demands accuracy and innovation, Barchart's goal is to form partnerships that deliver comprehensive solutions for success. For more information, please visit www.barchartinc.com.
This information is not intended to provide tax, legal or investment advice. The information does not constitute a solicitation by Barchart.com of the purchase or sale of securities.
SOURCE Barchart.com, Inc.