NL: We're currently looking at Shola Ameobi - he's in on trial with us at the minute. #BWFC— Bolton Wanderers FC (@OfficialBWFC) October 1, 2015
The 33 year old, released by Crystal Palace in the summer, played 397 times for Newcastle, scoring 79 goals.
Neil Lennon's search for a new striker continues after failing to bring in other targets.
The Whites have already failed with moves for Swansea City forward Marvin Emnes and West Bromwich Albion striker Victor Anichebe, and are still waiting to hear from Charlton Athletic striker Igor Vetokele, who is reluctant to move before being fully match fit.
It's also doubtful Yann Kermorgant will be available for now after striker Callum Wilson went off on a stretcher, in the Cherries 2-1 defeat at Stoke City. Wilson will now be out for the next six months.