TrendSpider for Options Traders: Scanning & Technical Analysis

TrendSpider Guide
Scanning + Technical Analysis

Options traders face a basic research problem before they ever choose an expiration or strike: which underlying stocks are worth analyzing in the first place?

TrendSpider is particularly interesting for this part of the workflow because it combines market scanning with technical-analysis tools that can help turn defined trading conditions into a smaller list of candidates.

For an options trader, that can make TrendSpider useful as a trade-discovery and research layer. The objective is not to have a scanner choose the option trade. It is to reduce the amount of market you need to inspect manually before moving into contract selection, strategy construction, and risk analysis.

The Scanner-First Workflow
Start with your conditions, not with a random chart.
01
Define
What should qualify?
02
Scan
Search the market
03
Narrow
Build a shortlist
04
Analyze
Review the setup

The Main Use Case

Using TrendSpider to Scan for Options Setups

A scanner becomes useful when you already have some idea of what you want to find.

For example, a directional strategy might begin with an underlying stock that has a defined trend and sufficient momentum. A breakout strategy might look for price approaching or moving through a particular technical level. Another strategy could depend on volume, volatility, or a combination of technical conditions.

Think in Conditions
Price
Trend
Momentum
Volume
Volatility
Indicators

The advantage of approaching the market this way is simple: you are not opening charts hoping to discover something interesting. You are asking the market to show you symbols that meet conditions you decided were relevant beforehand.

Our guide to scanning for options trading opportunities explains how to translate a trading idea into measurable conditions before building the scan.

After the Scan

Technical Analysis Helps You Review the Shortlist

A scanner result is a candidate, not a trade signal. Once the market has been narrowed, the next step is to examine whether each result actually supports the setup you intended to find.

Chart Structure
Review the broader price structure instead of relying only on the condition that caused the stock to appear in the scan.
Technical Levels
Identify price areas that could matter to the setup, its timing, or the point where the original idea no longer makes sense.
Indicators
Use technical indicators when they provide information relevant to the strategy rather than adding indicators without a defined purpose.

The combination of scanning and chart analysis is what makes this workflow more useful than treating scanner results as automatic entries.

TrendSpider for Trade Discovery
Spend less time searching and more time reviewing candidates.
If you want scanning and systematic technical analysis to play a central role in how you discover potential options setups, TrendSpider is worth exploring.

Monitor What Matters

What If the Setup Is Close, but Not Ready?

Scanning does not have to end with either “trade it” or “discard it.” A candidate may be interesting but still need another condition to develop.

Scan Finds It
Initial rules match
→
Not Ready Yet
Another condition matters
→
Monitor
Return when conditions change

Alerts and monitoring can help bridge that gap. The purpose is not to turn every alert into a trade. It is to bring a developing setup back to your attention when it deserves another review.

From Stock to Option

TrendSpider Can Find the Setup. You Still Need to Evaluate the Trade.

This distinction matters for options traders. Finding an attractive underlying setup does not tell you whether a particular call, put, spread, or other options position makes sense.

Discovery + Technical Analysis
Is the underlying worth investigating?
Scan conditions, trend, momentum, volume, price structure, technical levels, and other characteristics of the setup.

Options Analysis
Is there an options position worth considering?
Contract liquidity, bid-ask spread, expiration, strike, volatility, strategy structure, potential loss, and trade-management rules.

That separation keeps the scanner in the role where it can be most useful: finding and organizing opportunities for further analysis.

Is It a Fit?

Who Should Consider TrendSpider for Options Trading?

✓
Scanner-first traders who want to search a broad market for specific technical conditions.
✓
Technical options traders whose setups begin with trend, momentum, price behavior, or other characteristics of the underlying.
✓
Rule-oriented traders who prefer defining what they want to find before manually reviewing charts.
✓
Traders building a repeatable research process that separates market discovery from final options selection.

Before Choosing a Scanner
Start with the workflow you actually need.
Scanning depth matters, but so do technical analysis, alerts, ease of use, and how naturally the platform fits the way you research trades. Our scanner guide breaks down the criteria options traders should consider.

See What to Look For in a Stock Scanner →

DEFINE → SCAN → NARROW → ANALYZE

TrendSpider Makes the Most Sense When Scanning Is Central to the Process

For options traders, TrendSpider’s role can begin before contract selection. Use the research process to narrow the underlying market around defined conditions, analyze the resulting setups, and monitor candidates that are not ready yet.

Then move to the options-specific questions: which structure fits the idea, whether the available contracts are practical to trade, and whether the potential risk fits your rules.

Want to explore a scanner-first workflow?
See whether TrendSpider fits the way you research potential trades.