From our previous article, you must be already familiar with the functions and applications of ‘High & Low Breaker’ scanner, as well as how to utilize the scanner for picking out profitable trades. Now, let us take a look at our next scanner – ‘Spreads’.
The Spreads scanner is highly useful in identifying stocks that have an arbitrage potential. The scan results of this Spreads Scanner lists out the stocks that have the highest change in spread between the near month future contract and cash. The results of the scanner are divided into two categories – Long and Short.