thetaOwl

Cheap Options Screener

Find underpriced options with asymmetric upside potential

Data as of market close Jul 2, 2026

Buying cheap vol: Look for options with low IV percentile, high gamma, and upcoming catalysts. These contracts offer asymmetric payoff potential when volatility expands or the underlying makes a directional move.
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Results: 100
Avg Premium: $0.01
Avg Cost/Contract: $1.00
Avg IV %ile: 14.7%
With Catalyst: 0
As of: Jul 2, 2026
SymbolPriceStrikeExpDTEAsk ▲Cost/ContractOTM %DeltaGammaIV %ileOIVol/OISignals
Pfizer, Inc.
$24.32$28.002026-07-1713$0.01$1.0015.1%0.0160.0261
4
10,9180.01
Low IV
Pfizer, Inc.
$24.32$32.002026-07-1713$0.01$1.0031.6%0.0050.0058
4
6690.10
Low IV
Pfizer, Inc.
$24.32$29.002026-07-2420$0.01$1.0019.2%0.0150.0200
4
2,1420.00
Low IV
SLB Limited
$45.13$55.002026-07-1713$0.01$1.0021.9%0.0070.0053
9
4,7900.00
Low IV
SLB Limited
$45.13$57.502026-07-1713$0.01$1.0027.4%0.0060.0038
9
19,1370.00
Low IV
SLB Limited
$45.13$60.002026-07-1713$0.01$1.0033.0%0.0030.0020
9
26,0980.00
Low IV
Energy Fuels Inc
$13.81$25.002026-07-1713$0.01$1.0081.0%0.0040.0040
6
6,3210.00
Low IV
Energy Fuels Inc
$13.81$27.002026-07-1713$0.01$1.0095.5%0.0040.0033
6
1,0080.02
Low IV
Energy Fuels Inc
$13.81$30.002026-07-1713$0.01$1.00117.2%0.0030.0025
6
4,2430.00
Low IV
VALE S.A.
$14.99$17.502026-07-1713$0.01$1.0016.7%0.0200.0444
6
9410.00
Low IV
VALE S.A.
$14.99$18.002026-07-1713$0.01$1.0020.1%0.0190.0362
6
2,5330.01
Low IV
VALE S.A.
$14.99$20.002026-07-1713$0.01$1.0033.4%0.0080.0126
6
1,0130.00
Low IV
The AES Corporation
$14.58$15.002026-07-1713$0.01$1.002.9%0.0820.5452
28
3,8920.06
Low IVHi Γ
Amazon.com, Inc.
$242.67$350.002026-07-1713$0.01$1.0044.2%0.0010.0001
35
6,0760.00
Amazon.com, Inc.
$242.67$360.002026-07-1713$0.01$1.0048.4%0.0000.0001
35
1,7900.00
Amazon.com, Inc.
$242.67$380.002026-07-1713$0.01$1.0056.6%0.0000.0000
35
3,4670.06
Energy Transfer LP
$19.33$23.002026-07-1713$0.01$1.0019.0%0.0170.0272
25
3,2890.03
Low IV
Figma, Inc.
$21.34$50.002026-07-1713$0.01$1.00134.3%0.0020.0011
29
2,9340.03
Low IV
iQIYI, Inc.
$1.01$1.502026-07-1713$0.01$1.0048.5%0.0470.4390
15
8210.00
Low IVHi Γ
Grab Holdings Limited
$3.90$6.002026-07-1713$0.01$1.0053.9%0.0150.0515
6
17,4570.00
Low IVHi Γ
Grab Holdings Limited
$3.90$8.002026-07-1713$0.01$1.00105.1%0.0110.0251
6
2,4370.00
Low IV
Grab Holdings Limited
$3.90$10.002026-07-1713$0.01$1.00156.4%0.0090.0166
6
3,0160.02
Low IV
iShares iBoxx High Yield Corporate Bond ETF
$79.71$81.002026-07-1713$0.01$1.001.6%0.0480.1444
2
188,3340.00
Low IVHi Γ
iShares iBoxx High Yield Corporate Bond ETF
$79.71$82.002026-07-1713$0.01$1.002.9%0.0270.0564
2
7,5500.00
Low IVHi Γ
iShares Russell 2000 ETF
$297.58$335.002026-07-1713$0.01$1.0012.6%0.0020.0006
0
9480.01
Low IV
iShares Russell 2000 ETF
$297.58$345.002026-07-1713$0.01$1.0015.9%0.0020.0004
0
5000.02
Low IV
iShares Russell 2000 ETF
$297.58$350.002026-07-1713$0.01$1.0017.6%0.0020.0003
0
6540.00
Low IV
iShares Russell 2000 ETF
$297.58$360.002026-07-1713$0.01$1.0021.0%0.0010.0003
0
6780.02
Low IV
Coca-Cola Company (The)
$84.14$100.002026-07-1713$0.01$1.0018.9%0.0040.0023
19
5530.02
Low IV
iShares iBoxx Investment Grade Corporate Bond ETF
$108.64$112.002026-07-1713$0.01$1.003.1%0.0190.0303
16
7,2690.01
Low IV
Meta Platforms, Inc.
$582.90$1,200.002026-07-1713$0.01$1.00105.9%0.0000.0000
26
8240.00
Low IV
Meta Platforms, Inc.
$582.90$1,240.002026-07-1713$0.01$1.00112.7%0.0000.0000
26
7560.03
Low IV
Meta Platforms, Inc.
$582.90$1,250.002026-07-1713$0.01$1.00114.5%0.0000.0000
26
9370.11
Low IV
Meta Platforms, Inc.
$582.90$1,260.002026-07-1713$0.01$1.00116.2%0.0000.0000
26
5870.02
Low IV
Meta Platforms, Inc.
$582.90$1,270.002026-07-1713$0.01$1.00117.9%0.0000.0000
26
9950.01
Low IV
Meta Platforms, Inc.
$582.90$1,290.002026-07-1713$0.01$1.00121.3%0.0000.0000
26
1,0690.00
Low IV
Meta Platforms, Inc.
$582.90$1,320.002026-07-1713$0.01$1.00126.5%0.0000.0000
26
1,9130.07
Low IV
Meta Platforms, Inc.
$582.90$1,330.002026-07-1713$0.01$1.00128.2%0.0000.0000
26
1,5930.00
Low IV
Meta Platforms, Inc.
$582.90$1,340.002026-07-1713$0.01$1.00129.9%0.0000.0000
26
1,0330.05
Low IV
Meta Platforms, Inc.
$582.90$1,370.002026-07-1713$0.01$1.00135.0%0.0000.0000
26
2,3430.00
Low IV
Meta Platforms, Inc.
$582.90$1,410.002026-07-1713$0.01$1.00141.9%0.0000.0000
26
1,8620.00
Low IV
Meta Platforms, Inc.
$582.90$1,430.002026-07-1713$0.01$1.00145.3%0.0000.0000
26
2,9830.05
Low IV
Meta Platforms, Inc.
$582.90$1,480.002026-07-1713$0.01$1.00153.9%0.0000.0000
26
12,1890.00
Low IV
Occidental Petroleum Corporatio
$48.91$90.002026-07-1713$0.01$1.0084.0%0.0010.0005
7
1,9130.00
Low IV
NVIDIA Corporation
$194.83$305.002026-07-1713$0.01$1.0056.5%0.0010.0001
10
2,7890.00
Low IV
NVIDIA Corporation
$194.83$310.002026-07-1713$0.01$1.0059.1%0.0000.0001
10
3,6000.00
Low IV
NVIDIA Corporation
$194.83$315.002026-07-1713$0.01$1.0061.7%0.0000.0001
10
8450.02
Low IV
NVIDIA Corporation
$194.83$320.002026-07-1713$0.01$1.0064.3%0.0000.0001
10
4,2100.00
Low IV
NVIDIA Corporation
$194.83$325.002026-07-1713$0.01$1.0066.8%0.0000.0001
10
1,1830.01
Low IV
NVIDIA Corporation
$194.83$330.002026-07-1713$0.01$1.0069.4%0.0000.0000
10
2,5540.00
Low IV
NVIDIA Corporation
$194.83$335.002026-07-1713$0.01$1.0071.9%0.0000.0001
10
7630.01
Low IV
NVIDIA Corporation
$194.83$340.002026-07-1713$0.01$1.0074.5%0.0000.0000
10
3,3960.01
Low IV
NVIDIA Corporation
$194.83$345.002026-07-1713$0.01$1.0077.1%0.0000.0000
10
1,1070.46
Low IV
NVIDIA Corporation
$194.83$350.002026-07-1713$0.01$1.0079.6%0.0000.0000
10
25,3520.00
Low IV
NVIDIA Corporation
$194.83$365.002026-07-1713$0.01$1.0087.3%0.0000.0000
10
9070.24
Low IV
NVIDIA Corporation
$194.83$375.002026-07-1713$0.01$1.0092.5%0.0000.0000
10
1,0560.51
Low IV
NVIDIA Corporation
$194.83$380.002026-07-1713$0.01$1.0095.0%0.0000.0000
10
1,2150.00
Low IV
NVIDIA Corporation
$194.83$385.002026-07-1713$0.01$1.0097.6%0.0000.0000
10
1,5830.76
Low IV
NVIDIA Corporation
$194.83$395.002026-07-1713$0.01$1.00102.7%0.0000.0000
10
5020.87
Low IV
NVIDIA Corporation
$194.83$400.002026-07-1713$0.01$1.00105.3%0.0000.0000
10
6,2360.01
Low IV
NVIDIA Corporation
$194.83$415.002026-07-1713$0.01$1.00113.0%0.0000.0000
10
7410.20
Low IV
NVIDIA Corporation
$194.83$420.002026-07-1713$0.01$1.00115.6%0.0000.0000
10
1,7720.22
Low IV
NVIDIA Corporation
$194.83$435.002026-07-1713$0.01$1.00123.3%0.0000.0000
10
5120.01
Low IV
NVIDIA Corporation
$194.83$440.002026-07-1713$0.01$1.00125.8%0.0000.0000
10
1,3740.17
Low IV
NVIDIA Corporation
$194.83$450.002026-07-1713$0.01$1.00131.0%0.0000.0000
10
1,9950.10
Low IV
NVIDIA Corporation
$194.83$455.002026-07-1713$0.01$1.00133.5%0.0000.0000
10
1,8290.05
Low IV
NVIDIA Corporation
$194.83$460.002026-07-1713$0.01$1.00136.1%0.0000.0000
10
13,2050.00
Low IV
Peloton Interactive, Inc.
$5.75$9.002026-07-1713$0.01$1.0056.5%0.0100.0245
35
7,9700.00
Peloton Interactive, Inc.
$5.75$10.002026-07-1713$0.01$1.0073.9%0.0080.0179
35
24,1870.00
NIO Inc.
$4.79$7.002026-07-1713$0.01$1.0046.1%0.0170.0515
22
14,3450.06
Low IVHi Γ
NIO Inc.
$4.79$8.002026-07-1713$0.01$1.0067.0%0.0140.0329
22
6,7610.00
Low IV
NIO Inc.
$4.79$9.002026-07-1713$0.01$1.0087.9%0.0100.0220
22
3,1600.06
Low IV
NIO Inc.
$4.79$10.002026-07-1713$0.01$1.00108.8%0.0090.0178
22
6,8940.00
Low IV
UiPath, Inc.
$11.71$20.002026-07-1713$0.01$1.0070.8%0.0060.0067
19
2,9590.02
Low IV
PayPal Holdings, Inc.
$45.47$65.002026-07-1713$0.01$1.0043.0%0.0020.0013
12
1,6490.01
Low IV
PayPal Holdings, Inc.
$45.47$80.002026-07-1713$0.01$1.0075.9%0.0010.0006
12
6450.00
Low IV
PayPal Holdings, Inc.
$45.47$85.002026-07-1713$0.01$1.0086.9%0.0010.0005
12
7950.01
Low IV
PayPal Holdings, Inc.
$45.47$90.002026-07-1713$0.01$1.0097.9%0.0010.0005
12
2,1590.00
Low IV
Petroleo Brasileiro S.A. Petrob
$16.11$20.002026-07-1713$0.01$1.0024.1%0.0160.0255
12
13,9790.00
Low IV
Nu Holdings Ltd.
$13.61$21.002026-07-1713$0.01$1.0054.3%0.0060.0072
33
33,8750.00
Snap Inc.
$4.84$7.002026-07-1713$0.01$1.0044.6%0.0130.0432
19
32,5330.01
Low IV
Snap Inc.
$4.84$8.002026-07-1713$0.01$1.0065.3%0.0110.0279
19
21,4530.00
Low IV
Snap Inc.
$4.84$9.002026-07-1713$0.01$1.0086.0%0.0110.0239
19
23,5200.00
Low IV
Snap Inc.
$4.84$10.002026-07-1713$0.01$1.00106.6%0.0100.0191
19
11,9830.00
Low IV
Snap Inc.
$4.84$11.002026-07-1713$0.01$1.00127.3%0.0080.0140
19
4,3430.00
Low IV
Snap Inc.
$4.84$12.002026-07-1713$0.01$1.00147.9%0.0070.0113
19
1,3870.00
Low IV
Snap Inc.
$4.84$13.002026-07-1713$0.01$1.00168.6%0.0060.0098
19
3,8150.01
Low IV
Snap Inc.
$4.84$15.002026-07-1713$0.01$1.00209.9%0.0060.0086
19
2,1140.00
Low IV
Snap Inc.
$4.84$16.002026-07-1713$0.01$1.00230.6%0.0060.0084
19
6570.00
Low IV
SoFi Technologies, Inc.
$18.24$30.002026-07-1713$0.01$1.0064.5%0.0030.0032
7
15,2240.00
Low IV
SoFi Technologies, Inc.
$18.24$35.002026-07-1713$0.01$1.0091.9%0.0030.0022
7
2,1230.00
Low IV
SoFi Technologies, Inc.
$18.24$40.002026-07-1713$0.01$1.00119.3%0.0030.0017
7
2,5270.00
Low IV
SoundHound AI, Inc.
$6.55$16.002026-07-1713$0.01$1.00144.3%0.0060.0075
35
2,1790.00
SoundHound AI, Inc.
$6.55$20.002026-07-1713$0.01$1.00205.3%0.0040.0046
35
4,0140.00
iShares 20+ Year Treasury Bond ETF
$85.51$91.502026-07-1713$0.01$1.007.0%0.0100.0112
5
6,8700.14
Low IV
iShares 20+ Year Treasury Bond ETF
$85.51$92.002026-07-1713$0.01$1.007.6%0.0100.0103
5
23,9050.00
Low IV
iShares 20+ Year Treasury Bond ETF
$85.51$93.002026-07-1713$0.01$1.008.8%0.0090.0081
5
13,7100.00
Low IV
iShares 20+ Year Treasury Bond ETF
$85.51$94.002026-07-1713$0.01$1.009.9%0.0080.0066
5
13,2690.00
Low IV
iShares 20+ Year Treasury Bond ETF
$85.51$95.002026-07-1713$0.01$1.0011.1%0.0070.0056
5
6,6030.00
Low IV
iShares 20+ Year Treasury Bond ETF
$85.51$96.002026-07-1713$0.01$1.0012.3%0.0070.0049
5
1,4920.01
Low IV
How to Use Cheap Options
Use cheap options to find low-premium contracts that may offer asymmetry around catalysts or repricing.
What it surfaces

Cheap options results surface low-premium contracts where low IV percentile, gamma, and catalyst timing may create asymmetric upside.

How traders review it

Check whether the contract is cheap for a real reason, then validate liquidity, catalyst timing, and whether the strike still gives you a realistic path.

What can mislead you

Cheap contracts often stay cheap because the market expects decay, poor liquidity, or no catalyst. Low price alone is not an edge.

These screens are best used to build a shortlist, then validate the contract and the underlying before acting.