Chat GPT and Finviz · Invest & Retire Community

Chat GPT and Finviz

The very latest Chat GPT AI is currently free to use. I just tried it with the Finviz site.

Example prompt

Using the finviz screener at https://finviz.com/screener.ashx, what are the best fields to do a screen on for best US stocks over 40 billion, that are in a upward trend and have positive momentum and could be used in a bull put spread trade?

Response

To screen for the best U.S. stocks over $40 billion in market capitalization that are in an upward trend and have positive momentum, ideal for a bull put spread trade, you can use the Finviz stock screener with the following settings:

1. **Market Capitalization**: Choose "Large ($10bln to $200bln)" or "Mega ($200bln and more)" to focus on stocks over $40 billion.

2. **Performance**: Set to "Performance (Month)" or "Performance (Quarter)" to find stocks showing recent upward trends.

3. **Technical**: Set the "50-Day Simple Moving Average" to "Price above SMA50" and "200-Day Simple Moving Average" to "Price above SMA200" to ensure the stock is in an overall upward trend.

4. **Signal**: Use "Top Gainers" or "Unusual Volume" to find stocks with positive momentum.

5. **RSI (14)**: Set this to a range such as "40 to 70" to avoid overbought conditions, indicating sustainable upward momentum.

6. **Average Volume**: Set a minimum average volume (e.g., "Over 1M") to ensure liquidity for options trading.

These criteria will help you identify large-cap stocks that are trending upward with positive momentum, making them suitable candidates for a bull put spread strategy.

For example, using the Finviz screener with these settings might reveal stocks like Microsoft (MSFT), Apple (AAPL), and Nvidia (NVDA), which are large-cap stocks often in upward trends and with positive momentum, as reflected in their recent performance and technical indicators【7†source】【8†source】【9†source】【10†source】【11†source】.

You can access the Finviz screener at [Finviz Screener](https://finviz.com/screener.ashx) to apply these filters and find specific stocks that meet your criteria.

Not bad hey!!

By the way, I think we have about 6 years max to make money trading options. Could be less. AI will soon be that good that everyone will have an unfair advantage with AI tools so powerful that it almost becomes a very even playground. It really is crazy to think about.

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