Contract Score (Rating) Filter: Our 0–100 Quality Score

What the Contract Score measures

The Contract Score (also shown as Rating) is a 0–100 composite we calculate for every contract. It blends:

• Premium yield vs typical for that DTE/IV combo
• Liquidity (volume, OI, bid-ask spread)
• Cushion (moneyness vs spot)
• IV positioning (rich vs cheap relative to history)
• Earnings proximity (downgrades scores when earnings is inside DTE)

A 75+ score is typically a "no-brainer" wheel trade. Below 50, there's almost always a reason to skip.

Where to find it

The Contract Score filter is in the sidebar of both screeners with a 0–100 slider.

• Put screener Contract Score
• Call screener Contract Score

The Rating column also appears in every results table by default.

How to use it

The simplest way to use the screener: set Contract Score ≥ 70 and call it a day. That single filter is doing the work of five.

A worked example

A 30-second screen:

1. Open the Put screener.
2. Apply Earnings Safe preset.
3. Set Contract Score ≥ 70.
4. Sort by Rating descending.

The top 10 rows are your shortlist for the week.

Why we built it

Most beginners are paralyzed by the 5–10 individual filters. The Contract Score collapses that complexity into one number that captures all of "is this a good wheel trade?" at once. Use it as your default; reach for individual filters only when you want a specific tilt (e.g., "more cushion" or "more premium").

Common mistakes

1. Trusting it blindly. A 90 score still requires a quick sanity check on earnings, fundamentals, and your conviction in the underlying.

2. Setting too high. At ≥ 90 you'll often see zero results, especially in low-vol weeks. Start at 70 and adjust.

Where to go next

• Try the Earnings Safe preset which uses Contract Score by default.
• Layer with Delta filter for risk control.
• Open the Put screener and sort by Rating.