| There
is a lot of data on our next-generation lists. They
are long and wide. However, you can narrow them using
the show/hide feature. And long doesn't matter, because
you can sort by any column, or even multiple columns.
Here are some sorting tricks that I use, depending
on what I am looking for:
By
Return
The default
list-sort will rank plays on a list by the Flat
Return, unless you have sorted them
differently (which your CW cookie will remember).
By
Stock Price
If you
have a smaller account, or are trying to find a trade
for a corner of your account, then sort by stock price.
Clicking the Stock Price
column header will sort stocks by price, highest on
top. Want a more expensive stock? Then hit the column
header again and it sill sort with the highest
prices on top. You can accomplish the same thing if
you sort by the Net
Debit column, which is little more
precise (this is the actual net cost).
By
Company
If you
are looking for a particular company, a sort by the
Stock Name
column lines them up aphpabetically. It also groups
together multiple plays for the same stock. If you
want to see the different
plays available on a stock for the
expiration month, this is the sort for you.
By
Strength Measures
I don't
often sort by Open Interest, volume or market capitalization.
However, I do so when I'm on a list with a lot of
(or all) small to medium-cap stocks. Sort by high
Open Interest, since if it has that
it probably has decent volume and market capitalization.
By
MADI or VMI
There
isn't time to really go into this here, but for bullish
setups I look for:
| MADI:
Negative
20-day value and 50-day value of -01, 00 or
+01.
VMI:
Either one green bar, one red bar or a sideways
bar. |
This shows
me plays that are testing or have tested support on
volume, but where the volume has already tailed off.
If the VMI arrow has several green bars, then it is
in the middle of of the test of support. Since I pick
not wine before its time, I prefer the support test
to be over.
By
Dividend or Ex-Date
Those
looking for fat dividends or for dividend plays will
sort by the Div Yield
or ExDate
columns,
By
Historical Volatility
If you
want stocks in a certain range of historical volatility,
sort by one of the three volatility columns.
By
Sector or Industry
I will
sometimes sort by sector or industry, once I have
gotten a handle on the strongest-performing industries,
looking for stocks in those industries. Then I do
a secondary sort by price or MADI.
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There
are many other approaches to sorting the lists, of
course. These are the "money" sorts that
make it easier to find likely trades. |