How Accurate Are Option Screeners? (We Put Barchart to the Test)

How accurate are option screeners, really? If you’ve ever wondered whether tools like Barchart’s Option Screener actually pick winning trades, you’re not alone. I ran the data myself, testing covered calls, naked puts, and credit spreads on five of the largest companies in the market over the past 30 days. Now the results are in. And in this video, I’ll reveal which trades worked, which didn’t, and what those results say about how reliable these screeners really are. In this video, you’ll learn: ✅ How option screeners pick trades—and what those “probabilities” actually mean ✅ How delta works as a quick gauge for assignment risk ✅ When “safe” deltas still lead to assignment ✅ How to earn income while waiting to buy ✅ Credit spreads: bear calls vs. bull puts, risk/reward, and probability of loss ✅ Real trade examples on Nvidia, Apple, Tesla, Amazon, and Alphabet ✅ How different underlyings behave against similar delta levels ✅ Why screeners aren’t always perfect, and how to use them with your own judgment ✅ The importance of paper trading and journaling your results Whether you’re a beginner exploring options or an experienced trader fine-tuning your edge, this real-world test shows how data-backed screeners can help you trade smarter—when you know what to look for. Skip Ahead: 0:00 - Intro 1:29 - Covered Calls (Nvidia, Apple) 7:44 - Naked/Cash-Secured Puts (Tesla) 10:11 - Bear Calls (Amazon) 12:18 - Bull Put (Alphabet) 13:50 - Outro