Industry Filter: Drill Down Below Sector
Industry is one level below sector — use it to filter wheel candidates to specific business types like Semiconductors, Banks - Regional, or Software.
Sector vs Industry
If Sector is the aisle of the grocery store, Industry is the shelf. There are 11 sectors and over 100 industries — Semiconductors, REIT - Diversified, Banks - Regional, Auto Manufacturers, Drug Manufacturers - General, etc.
Where to find it
The Industry dropdown is in the sidebar of both screeners. Defaults to "All Industries"; pick any specific industry to filter.
How to use it
Use case 1 — thematic plays. You're bullish on AI and want only Semiconductor puts. Set Industry = "Semiconductors".
Use case 2 — yield hunting. REITs and Specialty Retail often carry high IV. Set Industry to one of those for richer premium.
Use case 3 — defensive tilt. Set Industry = "Utilities - Regulated Electric" or "Beverages - Non-Alcoholic" for low-volatility wheel income.
A worked example — semiconductor wheel
- Open the Put screener.
- Set Industry = "Semiconductors".
- Set Delta to −0.25 to −0.15.
- Set Earnings Excluded = on.
- Sort by Yield descending.
You'll see CSPs on AMD, NVDA, AVGO, TSM, etc.
Common mistakes
1. Picking too narrow an industry. "Coking Coal" might return 0 results. Start broader.
2. Stale industry tags. A small percentage of stocks may be misclassified. The screener auto-merges in industries discovered from the options feed, so you'll see edge cases.
Where to go next
- Pair with Sector filter.
- Combine with IV filter for high-premium themes.
- Try ETF Only filter for sector-wide exposure.
Frequently Asked Questions
How many industries are available in the screener?
Over 130 industries are listed, sourced from the GICS classification and refreshed from the options data feed. You can also see all available industries on the All Available Filters page.