Introducing the new Option Ideas page, which consolidates recommended option strategies based on user-defined criteria.
Join us for a webinar on the new tool Wednesday, May 27, 2026, at 2pm EST!
Option Ideas Purpose
The new experience allows you to identify the highest-ranking option strategies across bullish and bearish objectives. You can customize the report by objective, strategy type, timeframe, and risk profile, then review ranked options strategies based on key metrics such as probability of profit, risk/reward, breakeven, return potential, liquidity, implied volatility.
This tool is powered by OptionsPlay and uses their proprietary OptionsPlay score to easily compare strategies against each other. The result is a structured workflow for identifying which securities may offer the most attractive options strategy candidates within a Dorsey Wright-aligned universe. Options Ideas helps you move from technical research to options strategy evaluation more efficiently. The experience aligns each options strategy with the appropriate Dorsey Wright technical view.
Report Filters
Options Ideas is designed to help users find options strategies that align with Dorsey Wright’s directional view, split into bullish and bearish tabs. Bullish strategies are surfaced on securities identified through Dorsey Wright’s relative strength and point-and-figure process as stronger or more favorable. Specifically, these include securities with Technical Attribute ratings/Fund Scores of 3 or higher. Bearish strategies are aligned with securities that meet Dorsey Wright’s bearish or weaker directional criteria. These include securities with Technical Attribute ratings/Fund Scores below 3.
Customize the Experience to Match Personal Preferences
Every options user has different preferences. Some prioritize income. Others prefer defined-risk directional exposure. Some want shorter-dated strategies, while others prefer longer timeframes. Some may favor more conservative risk profiles, while others may look for higher-return opportunities.
Options Ideas allows users to customize the report based on their preferences, including:
- Objective- Income or Speculative
- Strategy type- Only available when the speculative objective filter is selected, this allows you to filter between trend-following or contrarian strategies
- For Bullish strategies, select High RS for trend-following and Oversold for contrarian strategies
- For Bearish strategies, select Low RS for trend-following and Overbought for contrarian strategies
- Timeframe
- Risk profile
- Security Type
The report then ranks the strategy candidates based on those selected preferences.
Rank Option Strategies from Most Attractive to Least Attractive
Options Ideas does more than list potential options trades. It ranks options strategy candidates so users can quickly identify which symbols may offer the most attractive options opportunities within a selected universe.
The ranking process incorporates key options metrics such as risk/reward, probability of profit, breakeven, return potential, liquidity, implied volatility, and OptionsPlay Score.
This helps users focus their attention on the strongest options strategy candidates first.
Options Strategy Details
To view the details of the suggested option contract for a given ticker, click anywhere in that ticker's row to expand the detail view. This will show information such as the strike price, expiration date, and other relevant data related to the option contract. This section also includes a plain English description of the suggested strategy.
If the suggested strategy involves more than one leg, the details section will show information for both contracts required to properly employ the strategy.
More information, including a glossary of terms used, can be found by accessing the "Help" button in the upper right hand side of the page. Note that users must have access to the OptionsPlay add-on in order to view this page. Click here for more information on signing up for the tool.
