Options trading strategy seems to be working… looking for feedback

I’ve been doing this for a few months, and so far it seems to work >90% of the time. It’s pretty simple.

I use finviz screener and filter companies with an RSI of 20 or less (ie very oversold). I filter by market caps over $2 billion. Then I look for charts that seem bottomed out and have begun to curl back up, ideally with a strong daily bullish engulfing candle that leads to a consecutive green day. And once I have that, I search for recent news to see the reasoning behind the recent tank. If the news doesn’t seem to correlate with the severity of the drop, then I consider it worth a play, and I buy a 3+ month expiry option at the money or slightly OTM.

So far this has been working very well, but I’m wondering if I’m have an error of judgement somewhere that I’m not seeing, or if there are any recommendations for how I can refine this strategy more. Appreciate any advice (and the inevitable ridicule).