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To find stock options with higher premiums, one effective approach is through trading platforms like Robinhood. Here's a simplified method to navigate the process:
Custom Screener: Access the stock screener on Robinhood and navigate to the options section.
Implied Volatility Filter: Adjust the implied volatility slider to focus on stocks with high volatility levels. A setting of 150% to 700% is often effective.
Analyze Results: You may find a variety of stocks with high implied volatility, commonly associated with potential catalysts like earnings reports or major news events.