📌 How to Use Optrader – Frequently Asked Questions
What is Optrader?
Optrader.ca is a web-based monthly options screener built for traders. It helps you find high-return covered calls and puts using advanced filters, predictions, and news sentiment.
How do I use the filters?
🚀 Try our free online app2. Use the sidebar to filter by ROO (%), sector, open interest, RSI, volume, etc.... You can combine filters to narrow your search.
What is the meaning of ROO (%)?
ROO stands for Return on Option. It estimates the potential return if your covered call is assigned at expiry.
What is the difference between Free and Paid?
Free users can explore a limited set of features. Paid access unlocks all filters, models, and PDF reports. Subscription required. Check out the feeature page to see a full breakdown of differences.
What do the AI predictions mean?
Optrader uses Logistic Regression, Random Forest, and Naive Bayes to forecast stock direction. Predictions are shown with confidence levels.
What is Sentiment Score?
News articles are scanned using FinBERT and VADER models to estimate bullish or bearish tone. The average sentiment is displayed for each stock.
Can I export data?
Yes. You can generate PDF reports of your filtered results. The report includes top picks, charts, and historical metrics.
Is my data private?
Yes. Your login, preferences, and payment data are secure. No personal data is sold or shared.
Need Help?
Email us anytime at support@optrader.ca or use the contact form. We're happy to assist!
⚠️ Disclaimer: This tool is for informational purposes only and does not constitute financial, investment, or trading advice. Always do your own research and consult a licensed financial advisor before making investment decisions.