Cheap Options Screener
Find underpriced options with asymmetric upside potential
Data as of market close Aug 17, 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: $1.48
Avg IV %ile: 18.7%
With Catalyst: 1
As of: Aug 17, 2026
| Symbol | Price | Strike | Exp | DTE | Ask ▲ | Cost/Contract | OTM % | Delta | Gamma | IV %ile | OI | Vol/OI | Signals |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
American Airlines Group, Inc. | $14.43 | $18.00 | 2026-08-28 | 10 | $0.01 | $1.00 | 24.7% | 0.010 | 0.0195 | 16 | 1,041 | 0.00 | Low IV |
Alcoa Corporation | $51.71 | $100.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 93.4% | 0.001 | 0.0004 | 12 | 5,001 | 0.00 | Low IV |
Apple Inc. | $305.59 | $530.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 73.4% | 0.000 | 0.0000 | 26 | 9,430 | 0.01 | Low IV |
AGNC Investment Corp. | $10.95 | $11.50 | 2026-08-28 | 10 | $0.01 | $1.00 | 5.0% | 0.065 | 0.3713 | 34 | 1,192 | 0.03 | Hi Γ |
BP p.l.c. | $42.85 | $70.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 63.4% | 0.002 | 0.0010 | 9 | 5,337 | 0.02 | Low IV |
Chipotle Mexican Grill, Inc. | $33.76 | $52.50 | 2026-09-18 | 31 | $0.01 | $1.00 | 55.5% | 0.003 | 0.0019 | 1 | 608 | 0.00 | Low IV |
Chipotle Mexican Grill, Inc. | $33.76 | $60.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 77.7% | 0.002 | 0.0011 | 1 | 1,071 | 0.01 | Low IV |
BigBear.ai, Inc. | $3.21 | $5.00 | 2026-09-04 | 17 | $0.01 | $1.00 | 55.8% | 0.022 | 0.0785 | 3 | 724 | 0.05 | Low IVHi Γ |
BigBear.ai, Inc. | $3.21 | $5.50 | 2026-09-11 | 24 | $0.01 | $1.00 | 71.3% | 0.020 | 0.0607 | 3 | 668 | 0.01 | Low IVHi Γ |
BigBear.ai, Inc. | $3.21 | $12.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 273.8% | 0.009 | 0.0146 | 3 | 6,028 | 0.00 | Low IV |
Canopy Growth Corporation | $1.00 | $1.50 | 2026-08-28 | 10 | $0.01 | $1.00 | 50.0% | 0.040 | 0.3948 | 5 | 722 | 0.03 | Low IVHi Γ |
Clover Health Investments, Corp | $4.27 | $5.50 | 2026-08-28 | 10 | $0.01 | $1.00 | 28.8% | 0.020 | 0.0957 | 2 | 580 | 0.07 | Low IVHi Γ |
Coinbase Global, Inc. | $150.55 | $880.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 484.5% | 0.000 | 0.0000 | 38 | 8,114 | 0.00 | |
Dow Inc. | $31.34 | $50.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 59.5% | 0.003 | 0.0020 | 4 | 3,019 | 0.00 | Low IV |
Grab Holdings Limited | $3.58 | $4.50 | 2026-08-28 | 10 | $0.01 | $1.00 | 25.7% | 0.026 | 0.1492 | 17 | 3,131 | 0.32 | Low IVHi Γ |
iShares iBoxx High Yield Corporate Bond ETF | $79.61 | $81.00 | 2026-08-28 | 10 | $0.01 | $1.00 | 1.8% | 0.041 | 0.1195 | 27 | 1,547 | 0.00 | Low IVHi Γ |
iShares iBoxx High Yield Corporate Bond ETF | $79.61 | $81.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 1.8% | 0.072 | 0.1870 | 27 | 130,158 | 0.01 | Low IVHi Γ |
iShares iBoxx High Yield Corporate Bond ETF | $79.61 | $82.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 3.0% | 0.038 | 0.0714 | 27 | 77,598 | 0.00 | Low IVHi Γ |
iShares iBoxx High Yield Corporate Bond ETF | $79.61 | $82.00 | 2026-10-16 | 59 | $0.01 | $1.00 | 3.0% | 0.063 | 0.1063 | 27 | 52,741 | 0.00 | Low IVHi Γ |
iShares Russell 2000 ETF | $304.06 | $370.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 21.7% | 0.002 | 0.0003 | 32 | 1,481 | 0.07 | |
iShares Russell 2000 ETF | $304.06 | $375.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 23.3% | 0.002 | 0.0003 | 32 | 6,095 | 0.23 | |
JetBlue Airways Corporation | $5.24 | $7.50 | 2026-08-28 | 10 | $0.01 | $1.00 | 43.1% | 0.011 | 0.0376 | 6 | 933 | 0.00 | Low IV |
NextEra Energy, Inc. | $86.22 | $105.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 21.8% | 0.005 | 0.0023 | 18 | 9,148 | 0.00 | Low IV |
Nokia Corporation Sponsored | $10.78 | $34.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 215.4% | 0.004 | 0.0026 | 32 | 1,188 | 0.00 | |
Strategy Inc | $97.68 | $500.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 411.9% | 0.000 | 0.0000 | 39 | 4,297 | 0.03 | |
Strategy Inc | $97.68 | $800.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 719.0% | 0.000 | 0.0000 | 39 | 4,743 | 0.00 | |
Strategy Inc | $97.68 | $850.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 770.2% | 0.000 | 0.0000 | 39 | 2,319 | 0.01 | |
Strategy Inc | $97.68 | $900.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 821.4% | 0.000 | 0.0000 | 39 | 2,217 | 0.02 | |
Strategy Inc | $97.68 | $910.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 831.6% | 0.000 | 0.0000 | 39 | 5,493 | 0.00 | |
ServiceNow, Inc. | $117.70 | $312.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 165.1% | 0.001 | 0.0001 | 22 | 799 | 0.00 | Low IV |
Oklo Inc. | $43.88 | $260.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 492.5% | 0.001 | 0.0001 | 12 | 1,560 | 0.00 | Low IV |
Netflix, Inc. | $76.02 | $240.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 215.7% | 0.001 | 0.0001 | 39 | 1,524 | 0.00 | |
Netflix, Inc. | $76.02 | $266.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 249.9% | 0.001 | 0.0001 | 39 | 2,728 | 0.01 | |
Peloton Interactive, Inc. | $5.29 | $7.00 | 2026-08-28 | 10 | $0.01 | $1.00 | 32.3% | 0.019 | 0.0671 | 0 | 702 | 0.00 | Low IVHi Γ |
Peloton Interactive, Inc. | $5.29 | $7.50 | 2026-08-28 | 10 | $0.01 | $1.00 | 41.8% | 0.013 | 0.0428 | 0 | 1,006 | 0.01 | Low IV |
Peloton Interactive, Inc. | $5.29 | $8.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 51.2% | 0.017 | 0.0429 | 0 | 2,999 | 0.00 | Low IV |
Peloton Interactive, Inc. | $5.29 | $9.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 70.1% | 0.012 | 0.0261 | 0 | 1,449 | 0.02 | Low IV |
PayPal Holdings, Inc. | $60.47 | $110.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 81.9% | 0.002 | 0.0004 | 17 | 1,839 | 0.00 | Low IV |
PayPal Holdings, Inc. | $60.47 | $115.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 90.2% | 0.001 | 0.0003 | 17 | 1,521 | 0.00 | Low IV |
SoFi Technologies, Inc. | $18.31 | $23.00 | 2026-08-28 | 10 | $0.01 | $1.00 | 25.6% | 0.008 | 0.0129 | 10 | 1,763 | 0.14 | Low IV |
SoFi Technologies, Inc. | $18.31 | $25.00 | 2026-08-28 | 10 | $0.01 | $1.00 | 36.5% | 0.006 | 0.0073 | 10 | 4,291 | 0.01 | Low IV |
SoFi Technologies, Inc. | $18.31 | $47.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 156.7% | 0.002 | 0.0013 | 10 | 3,415 | 0.01 | Low IV |
Plug Power, Inc. | $2.28 | $3.50 | 2026-08-28 | 10 | $0.01 | $1.00 | 53.5% | 0.024 | 0.1220 | 9 | 706 | 0.02 | Low IVHi Γ |
Paramount Skydance Corporation | $10.28 | $17.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 65.4% | 0.007 | 0.0094 | 29 | 17,202 | 0.00 | Low IV |
Snap Inc. | $5.18 | $7.50 | 2026-09-04 | 17 | $0.01 | $1.00 | 44.8% | 0.017 | 0.0482 | 4 | 1,103 | 0.09 | Low IV |
Roblox Corporation | $37.93 | $120.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 216.4% | 0.001 | 0.0003 | 17 | 1,038 | 0.03 | Low IV |
Roblox Corporation | $37.93 | $220.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 480.0% | 0.001 | 0.0002 | 17 | 803 | 0.00 | Low IV |
Invesco QQQ Trust | $729.87 | $950.00 | 2026-08-31 | 13 | $0.01 | $1.00 | 30.2% | 0.000 | 0.0000 | 17 | 36,783 | 0.00 | Low IV |
iShares Silver Trust | $59.57 | $210.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 252.5% | 0.001 | 0.0001 | 29 | 19,281 | 0.00 | Low IV |
VALE S.A. | $13.75 | $16.00 | 2026-08-28 | 10 | $0.01 | $1.00 | 16.4% | 0.022 | 0.0520 | 27 | 873 | 0.00 | Low IVHi Γ |
VALE S.A. | $13.75 | $18.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 30.9% | 0.016 | 0.0240 | 27 | 16,637 | 0.00 | Low IV |
VALE S.A. | $13.75 | $19.00 | 2026-09-18 | 31 | $0.01 | $1.00 | 38.2% | 0.016 | 0.0198 | 27 | 12,705 | 0.00 | Low IV |
American Airlines Group, Inc. | $14.43 | $30.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 107.9% | 0.007 | 0.0050 | 16 | 551 | 0.16 | Low IV |
Apple Inc. | $305.59 | $400.00 | 2026-08-28 | 10 | $0.02 | $2.00 | 30.9% | 0.002 | 0.0002 | 26 | 1,552 | 0.06 | Low IV |
Apple Inc. | $305.59 | $450.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 47.3% | 0.002 | 0.0001 | 26 | 2,553 | 0.02 | Low IV |
Apple Inc. | $305.59 | $490.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 60.4% | 0.001 | 0.0001 | 26 | 950 | 0.00 | Low IV |
Apple Inc. | $305.59 | $600.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 96.3% | 0.001 | 0.0000 | 26 | 4,591 | 0.00 | Low IV |
AGNC Investment Corp. | $10.95 | $12.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 9.6% | 0.076 | 0.2180 | 34 | 5,133 | 0.02 | Hi Γ |
Archer Aviation Inc. | $6.39 | $10.00 | 2026-08-28 | 10 | $0.02 | $2.00 | 56.5% | 0.017 | 0.0326 | 24 | 1,260 | 0.00 | Low IV |
AMC Entertainment Holdings, Inc | $2.44 | $5.00 | 2026-08-28 | 10 | $0.02 | $2.00 | 104.9% | 0.025 | 0.0711 | 37 | 560 | 0.29 | Hi Γ |
Amazon.com, Inc. | $261.31 | $410.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 56.9% | 0.002 | 0.0001 | 25 | 1,265 | 0.08 | Low IV |
Chipotle Mexican Grill, Inc. | $33.76 | $45.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 33.3% | 0.014 | 0.0083 | 1 | 5,308 | 0.00 | Low IV |
BigBear.ai, Inc. | $3.21 | $4.00 | 2026-08-28 | 10 | $0.02 | $2.00 | 24.6% | 0.069 | 0.2946 | 3 | 4,201 | 0.02 | Low IVHi Γ |
BigBear.ai, Inc. | $3.21 | $4.50 | 2026-09-04 | 17 | $0.02 | $2.00 | 40.2% | 0.052 | 0.1693 | 3 | 638 | 0.13 | Low IVHi Γ |
BigBear.ai, Inc. | $3.21 | $6.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 86.9% | 0.039 | 0.0819 | 3 | 12,665 | 0.03 | Low IVHi Γ |
BigBear.ai, Inc. | $3.21 | $7.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 118.1% | 0.032 | 0.0586 | 3 | 10,722 | 0.04 | Low IVHi Γ |
BigBear.ai, Inc. | $3.21 | $8.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 149.2% | 0.030 | 0.0494 | 3 | 3,417 | 0.08 | Low IV |
BigBear.ai, Inc. | $3.21 | $9.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 180.4% | 0.018 | 0.0315 | 3 | 1,899 | 0.01 | Low IV |
BigBear.ai, Inc. | $3.21 | $10.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 211.5% | 0.017 | 0.0277 | 3 | 8,109 | 0.00 | Low IV |
BigBear.ai, Inc. | $3.21 | $11.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 242.7% | 0.017 | 0.0259 | 3 | 569 | 0.04 | Low IV |
CleanSpark, Inc. | $12.40 | $30.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 141.9% | 0.007 | 0.0045 | 3 | 3,294 | 0.00 | Low IV |
Webull Corporation | $8.16 | $15.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 83.8% | 0.014 | 0.0166 | 15 | 1,755 | 0.01 | Low IVEarnings |
Walt Disney Company (The) | $103.50 | $155.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 49.8% | 0.004 | 0.0008 | 16 | 3,508 | 0.00 | Low IV |
Costco Wholesale Corporation | $953.50 | $1,260.00 | 2026-08-28 | 10 | $0.02 | $2.00 | 32.1% | 0.001 | 0.0000 | 36 | 728 | 0.11 | |
Canopy Growth Corporation | $1.00 | $1.50 | 2026-09-18 | 31 | $0.02 | $2.00 | 50.0% | 0.113 | 0.6491 | 5 | 2,143 | 0.05 | Low IVHi Γ |
Canopy Growth Corporation | $1.00 | $3.00 | 2026-10-16 | 59 | $0.02 | $2.00 | 200.0% | 0.047 | 0.1747 | 5 | 1,865 | 0.00 | Low IVHi Γ |
Coinbase Global, Inc. | $150.55 | $650.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 331.8% | 0.001 | 0.0000 | 38 | 1,112 | 0.36 | |
Coinbase Global, Inc. | $150.55 | $660.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 338.4% | 0.001 | 0.0000 | 38 | 641 | 0.01 | |
Coinbase Global, Inc. | $150.55 | $800.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 431.4% | 0.000 | 0.0000 | 38 | 1,555 | 0.00 | |
Dow Inc. | $31.34 | $45.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 43.6% | 0.010 | 0.0055 | 4 | 6,956 | 0.00 | Low IV |
Caesars Entertainment, Inc. | $29.66 | $32.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 7.9% | 0.046 | 0.0766 | 9 | 6,365 | 0.00 | Low IVHi Γ |
Grab Holdings Limited | $3.58 | $4.50 | 2026-09-04 | 17 | $0.02 | $2.00 | 25.7% | 0.049 | 0.2157 | 17 | 623 | 0.01 | Low IVHi Γ |
Grab Holdings Limited | $3.58 | $4.50 | 2026-09-11 | 24 | $0.02 | $2.00 | 25.7% | 0.066 | 0.2506 | 17 | 1,427 | 0.14 | Low IVHi Γ |
Grab Holdings Limited | $3.58 | $6.00 | 2026-10-16 | 59 | $0.02 | $2.00 | 67.6% | 0.042 | 0.0910 | 17 | 4,187 | 0.00 | Low IVHi Γ |
Grab Holdings Limited | $3.58 | $7.00 | 2026-10-16 | 59 | $0.02 | $2.00 | 95.5% | 0.035 | 0.0647 | 17 | 3,626 | 0.00 | Low IVHi Γ |
Alphabet Inc. | $344.00 | $760.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 120.9% | 0.001 | 0.0000 | 25 | 696 | 0.15 | Low IV |
Alphabet Inc. | $344.00 | $800.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 132.6% | 0.000 | 0.0000 | 25 | 11,844 | 0.00 | Low IV |
iShares iBoxx High Yield Corporate Bond ETF | $79.61 | $84.00 | 2026-10-16 | 59 | $0.02 | $2.00 | 5.5% | 0.043 | 0.0426 | 27 | 2,496 | 0.00 | Low IV |
Hecla Mining Company | $18.82 | $50.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 165.7% | 0.005 | 0.0021 | 23 | 12,818 | 0.01 | Low IV |
MARA Holdings, Inc. | $9.72 | $14.00 | 2026-08-28 | 10 | $0.02 | $2.00 | 44.1% | 0.020 | 0.0297 | 22 | 1,895 | 0.04 | Low IV |
MARA Holdings, Inc. | $9.72 | $15.00 | 2026-08-28 | 10 | $0.02 | $2.00 | 54.4% | 0.012 | 0.0175 | 22 | 1,242 | 0.12 | Low IV |
MARA Holdings, Inc. | $9.72 | $30.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 208.8% | 0.008 | 0.0051 | 22 | 11,475 | 0.02 | Low IV |
MARA Holdings, Inc. | $9.72 | $40.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 311.7% | 0.006 | 0.0034 | 22 | 15,453 | 0.01 | Low IV |
iShares Russell 2000 ETF | $304.06 | $350.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 15.1% | 0.005 | 0.0008 | 32 | 4,721 | 0.05 | |
iShares Russell 2000 ETF | $304.06 | $355.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 16.8% | 0.004 | 0.0007 | 32 | 976 | 0.02 | |
iShares Russell 2000 ETF | $304.06 | $360.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 18.4% | 0.004 | 0.0006 | 32 | 1,440 | 0.01 | |
iShares Russell 2000 ETF | $304.06 | $365.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 20.0% | 0.003 | 0.0005 | 32 | 1,354 | 0.00 | |
iShares Russell 2000 ETF | $304.06 | $390.00 | 2026-10-16 | 59 | $0.02 | $2.00 | 28.3% | 0.003 | 0.0004 | 32 | 811 | 0.00 | |
JetBlue Airways Corporation | $5.24 | $8.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 52.7% | 0.025 | 0.0550 | 6 | 2,383 | 0.04 | Low IVHi Γ |
Norwegian Cruise Line Holdings | $18.18 | $35.00 | 2026-09-18 | 31 | $0.02 | $2.00 | 92.5% | 0.007 | 0.0040 | 1 | 600 | 0.00 | 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.