# PowerOptions > PowerOptions is an options-trading research and screening platform for self-directed investors. It provides strategy search tools (SmartSearchXL), implied-volatility analytics, option chains, portfolio tracking, post-position analysis, calculators, and educational resources covering 20+ options strategies including covered calls, credit/debit spreads, iron condors, collars, straddles, and married puts. PowerOptions ranks ~5,900 optionable U.S. stocks, ETFs and Indexes daily on metrics such as IV Rank, IV Percentile, IV Z-Score, IV–HV Spread, HV Rank, unusual option volume, expected move, gamma exposure, and sector heat. Subscribers access real-time/delayed data; non-subscribers see end-of-day views. Content is in English (en-US). ## Signature Screening & Analytics Tools - [IV Rank / IV Percentile Screener](https://www.poweropt.com/iv_screener.asp): Screen optionable stocks by IV Rank, IV Percentile, IV Z-Score, IV-HV Spread, HV Rank, IV Mean Ratio against the 52-week range. Identifies premium-selling and premium-buying setups. - [IV History Chart](https://www.poweropt.com/iv_chart.asp): Per-symbol implied volatility history with charts for IV vs HV, IV Rank & Percentile, IV-HV Spread, IV Z-Score, and IV Mean Ratio (126d/252d). Shows up to 1 year of daily IV data per ticker. - [Unusual Option Volume Report](https://www.poweropt.com/unusualoptionvolume.asp): Today's stocks whose option volume is unusually elevated vs. their 20-day EMA, with V/OI ratios, OI changes, and call/put breakdowns. - [Expected Move Calculator & Screener](https://www.poweropt.com/expected_move.asp): Compute option-implied expected price moves through expiration for any underlying. - [Sector Heat Map](https://www.poweropt.com/sector_heatmap.asp): Visualize options activity, IV changes, and price moves grouped by sector. - [Gamma Exposure (GEX)](https://www.poweropt.com/gex.asp): Dealer gamma positioning report for major underlyings. - [Volatility Skew](https://www.poweropt.com/volatility_skew.asp): Visualize the IV smile/skew across strikes for individual underlyings. - [Market Sentiment](https://www.poweropt.com/market_sentiment.asp): Aggregate put/call activity and sentiment indicators. - [Strike of Pain Calculator](https://www.poweropt.com/strikeofpain.asp): Max-pain strike for expiration. - [Strategy Comparison Chart](https://www.poweropt.com/strategy-comparison.asp): Side-by-side risk/reward comparison across options strategies. - [Position Insurance Tool](https://www.poweropt.com/bp_insurance.asp): Find protective put / collar adjustments for existing positions. - [Stock Repair Strategy Tool](https://www.poweropt.com/repair.asp): Recover losses on long stock using options-based repair strategies. - [Optimized Long Option Finder](https://www.poweropt.com/optfinder.asp): Search for the best long calls or puts given a directional thesis. - [Midpoint Spread Chain](https://www.poweropt.com/spread_chain.asp): Vertical spread chain showing all strikes at mid prices. - [Custom Spread Builder](https://www.poweropt.com/customspread.asp): Build custom multi-leg spreads with real-time pricing, payoff charts and analytics. ## Strategy Search (SmartSearchXL) - [SmartSearchXL Menu](https://www.poweropt.com/smartsearchmenu.asp): Master menu for all multi-strategy searches. - [Covered Call Search](https://www.poweropt.com/smartsearch.asp?type=1) - [Naked Put Search](https://www.poweropt.com/smartsearch.asp?type=4) - [Bull-Put Credit Spread Search](https://www.poweropt.com/spread.asp?type=5) - [Bear-Call Credit Spread Search](https://www.poweropt.com/spread.asp?type=6) - [Bull-Call Debit Spread Search](https://www.poweropt.com/spread.asp?type=8) - [Bear-Put Debit Spread Search](https://www.poweropt.com/spread.asp?type=7) - [Calendar Spread Searches](https://www.poweropt.com/spread.asp): Call and put calendar spreads. - [Iron Condor Search](https://www.poweropt.com/condor.asp): 4-leg neutral premium-selling search. - [Iron Butterfly Search](https://www.poweropt.com/condor.asp): Tighter-strike neutral premium-selling search. - [Long/Short Straddle Search](https://www.poweropt.com/straddle.asp) - [Long/Short Strangle Search](https://www.poweropt.com/strangle.asp) - [Collar / Short Collar Search](https://www.poweropt.com/ffcollar.asp): Protective put + covered call combinations. - [Married Put / Married Call Search](https://www.poweropt.com/married.asp) - [Covered Combination Search](https://www.poweropt.com/combination.asp) - [Covered Call Wizard](https://www.poweropt.com/wizard.asp): Guided covered-call selection. - [Search By Symbol Menu](https://www.poweropt.com/onestrikemenu.asp): Run any strategy search against a single ticker. ## Option Chain Tools - [Option Chain Menu](https://www.poweropt.com/chainmenu.asp): Calls, puts, or combined chains in small/medium/large layouts. - [Stock Detail](https://www.poweropt.com/stockdetail.asp): Quote, chart, fundamentals, and option summary for any ticker. - [Option Researcher](https://www.poweropt.com/optiondetail.asp): Detailed Greeks, IV, and chain analytics for a specific contract. ## Calculators - [Calculator Menu](https://www.poweropt.com/calcmenu.asp): Profit/loss and break-even calculators for every supported strategy. - [Black-Scholes Option Calculator](https://www.poweropt.com/bscalc.asp): Theoretical option pricing with Greeks. - [Black-Scholes Comparison Calculator](https://www.poweropt.com/bscompare.asp): Compare theoretical vs. market option prices and Greeks. - [Money on the Table Calculator](https://www.poweropt.com/motcalc.asp): Covered-call income potential calculator. ## Portfolio Management - [Portfolio Menu](https://www.poweropt.com/portfoliomenu.asp): Master menu for portfolio tools. - [Profit/Loss Portfolio](https://www.poweropt.com/pp_port.asp) - [Snapshot Portfolio](https://www.poweropt.com/pp_snapshot.asp) - [Portfolio Analysis by Symbol](https://www.poweropt.com/pp_analysis.asp) - [Portfolio Analysis by Position](https://www.poweropt.com/pp_analysis_by_pos.asp) - [Portfolio Allocation](https://www.poweropt.com/pp_alloc.asp) - [Portfolio Transaction Report](https://www.poweropt.com/pp_hist.asp) - [Portfolio Alert Manager](https://www.poweropt.com/pp_alerts_manager.asp) - [Portfolio Performance Summary](https://www.poweropt.com/pp_perf.asp) - [Portfolio Daily Value Report](https://www.poweropt.com/pp_valuation.asp) ## Post-Position Analysis - [Post-Position Analysis Menu](https://www.poweropt.com/ppamenu.asp): Track, adjust, and analyze open positions across all supported strategies (covered calls, credit/debit spreads, condors, butterflies, straddles, strangles, collars, married puts, etc.). ## Market Activity Reports - [Market Activity Menu](https://www.poweropt.com/marketactmenu.asp) - [Earnings Announced This Week](https://www.poweropt.com/earnings-report.asp) - [Ex-Dividend Dates This Week](https://www.poweropt.com/dividends-report.asp) - [New 52-Week Highs (Optionable)](https://www.poweropt.com/yearhigh.asp) - [New 52-Week Lows](https://www.poweropt.com/yearlow.asp) - [Market Statistics](https://www.poweropt.com/marketstats.asp) - [Optionable Stock Stats](https://www.poweropt.com/stockstats.asp) ## Strategy Help & Education - [Strategy Help Menu](https://www.poweropt.com/strategymenu.asp): Per-strategy explanations of how each options strategy works, payoff profile, risks, and ideal market conditions. - [Webinars (Live & Archived)](https://www.poweropt.com/webinars.asp) - [Covered Call Help](https://www.poweropt.com/cchelp.asp) - [Covered Put Help](https://www.poweropt.com/cphelp.asp) - [Naked Call & Put Help](https://www.poweropt.com/nakedoptionhelp.asp) - [Bull-Put / Bear-Call Credit Spread Help](https://www.poweropt.com/bpspreadhelp.asp) - [Bull-Call / Bear-Put Debit Spread Help](https://www.poweropt.com/bcalldebitspreadhelp.asp) - [Calendar Spread Help](https://www.poweropt.com/calcallspreadhelp.asp) - [Iron Condor Help](https://www.poweropt.com/icondorspreadhelp.asp) - [Iron Butterfly Help](https://www.poweropt.com/ibutterflyspreadhelp.asp) - [Long & Short Straddle Help](https://www.poweropt.com/longstraddlehelp.asp) - [Long & Short Strangle Help](https://www.poweropt.com/longstranglehelp.asp) - [Collar Help](https://www.poweropt.com/ffcollarhelp.asp) - [Married Put / Married Call Help](https://www.poweropt.com/marriedputhelp.asp) - [Covered Combination Help](https://www.poweropt.com/combinationhelp.asp) - [Long Call & Put Help](https://www.poweropt.com/buyoptionhelp.asp) ## Tipsheets & Guides - [Strategy Tipsheets Menu](https://www.poweropt.com/tipsheetmenu.asp): Long-form trader education. - [Introduction to Options](https://www.poweropt.com/tipsheet1.asp) - [Quick Reference Guide](https://www.poweropt.com/tipsheet1a.asp) - [Researching Covered Calls](https://www.poweropt.com/tipsheet2a.asp) - [The Best Option Strategies](https://www.poweropt.com/tipsheet8.asp) - [Using Weekly Options for Earnings](https://www.poweropt.com/weeklyoptionsforearningsevent.asp) - [The Best Covered Call Strike Price](https://www.poweropt.com/thebestcoveredcallstrikeprice.asp) - [Six-Point Covered Call Checklist](https://www.poweropt.com/six-point-checklist.asp) - [Covered Call Rules of Thumb](https://www.poweropt.com/ccrulesofthumb.asp) - [Trading Rules of Thumb](https://www.poweropt.com/rulesofthumb.asp) ## Reference - [Glossary of Options Terms](https://www.poweropt.com/glossary.asp) - [List of Optionable Stocks](https://www.poweropt.com/optionable.asp) - [Symbol Lookup](https://www.poweropt.com/symlookup.asp) - [PowerOptions FAQ](https://www.poweropt.com/faq_poweroptions.asp) - [Options Strategies FAQ](https://www.poweropt.com/faq_options_strategies.asp) - [Why PowerOptions (Pain Points Solved)](https://www.poweropt.com/why-poweroptions.asp) - [User Guide (PDF)](https://www.poweropt.com/po_userguide.pdf) - [Quick Start Guide (PDF)](https://www.poweropt.com/po_quick_start.pdf) - [Sitemap](https://www.poweropt.com/sitemap.asp) - [XML Sitemap](https://www.poweropt.com/sitemap.xml) ## Account & Subscription - [Subscribe](https://www.poweropt.com/store/subscribe.aspx?pid=po_sub) - [Performance Guarantee](https://www.poweropt.com/guarantee.asp) - [Free 14-Day Trial](https://www.poweropt.com/index.asp) - [About / Our Company](https://www.poweropt.com/ourcompany.asp) - [Privacy & Information Policies](https://www.poweropt.com/privacy.asp) ## Optional - [PowerForum Community](https://www.poweropt.com/pfindex.asp): Subscriber discussion forum. - [PowerOptions Blog](http://blog.poweropt.com/) - [PowerOptions Courses](https://learn.poweropt.com/): In-depth options trading courses. - [API Documentation](https://www.poweropt.com/apidocs/api_index.html) - [Tell a Friend Referral](https://www.poweropt.com/friends.asp) - [PFG Custom Search Engine](https://www.poweropt.com/cse.asp)