Covered Calls With Upcoming Dividends

This report lists what Tim considers to be the best dividend stocks for producing covered call option income with an upcoming ex-dividend date. The idea of this strategy is to collect premium from the covered call, and either have the stock get called away before the ex-dividend date, called away after the ex-dividend date and collect the dividend income, or not be called away at all (and keep all of the premium and dividend income). The criteria for the stocks on this list are that they must have a market cap of $10 billion or greater, have a dividend yield between 2% and 10%, a dividend payout ratio percentage of 90% or less, a liquidity rating of 2 stars or greater, an Algorithm score of 12 or higher, have made at least 10 dividend payments over the last 5 years, and have an upcoming ex-dividend date within the next 45 days. The report is sorted in order of the nearest upcoming dividend date and is intended to find solid dividend stocks that are ideal for selling covered calls on. The report also has direct links to the options chain page for each stock as well.

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Ticker Company Options Chain Bid Ask Premium Return on Investment Premium to Strike Price Ratio Implied Volatility Delta Theta Underlying Stock Price Strike Price Contract Expiration Earnings Overlap? Ex-Dividend Date Last Dividend Amount Current Dividend Amount 5-Year Dividend Payments Count Dividend Aristocrat? Liquidity Rating Algorithm Score Lists
MSFT Microsoft Corporation Options Chain 14.60 15.35 14.98
Profitability Analysis 4.46%
0.04 0.27 0.51 -0.21 421.90 425.00 5/24 Yes 5/15 0.75 0.75 21 No 14 None
AMAT Applied Materials Inc Options Chain 11.75 12.40 12.08
Profitability Analysis 7.03%
0.06 0.41 0.52 -0.14 207.86 210.00 5/31 Yes 5/22 0.32 0.40 21 No 14 None
TGT Target Corp Options Chain 8.15 8.65 8.40
Profitability Analysis 5.04%
0.05 0.33 0.54 -0.08 166.12 165.00 5/31 Yes 5/14 1.10 1.10 21 15 None
TGT Target Corp Options Chain 5.80 7.70 6.75
Profitability Analysis 7.06%
0.04 0.36 0.44 -0.08 166.12 170.00 5/31 Yes 5/14 1.10 1.10 21 15 None
EOG EOG Resources Inc Options Chain 5.70 6.20 5.95
Profitability Analysis 2.62%
0.04 0.27 0.55 -0.05 137.27 134.00 5/31 Yes 4/15 0.91 0.91 29 No 15
Dividend Stock List
EOG EOG Resources Inc Options Chain 4.60 5.70 5.15
Profitability Analysis 2.03%
0.04 0.28 0.55 -0.06 137.27 134.00 5/24 Yes 4/15 0.91 0.91 29 No 15
Dividend Stock List
SBUX Starbucks Corp Options Chain 3.40 3.55 3.48
Profitability Analysis 4.86%
0.04 0.28 0.52 -0.03 84.92 85.00 5/31 Yes 5/16 0.57 0.57 21 No 12 None
CVS CVS Health Corp Options Chain 2.84 3.15 3.00
Profitability Analysis 2.76%
0.04 0.29 0.54 -0.03 69.74 68.00 5/31 Yes 4/19 0.67 0.67 21 No 13 None
CVS CVS Health Corp Options Chain 2.49 2.60 2.55
Profitability Analysis 3.55%
0.04 0.28 0.49 -0.03 69.74 69.00 5/31 Yes 4/19 0.67 0.67 21 No 13 None
C Citigroup Inc Options Chain 2.00 2.27 2.14
Profitability Analysis 5.01%
0.04 0.26 0.49 -0.02 59.68 60.00 5/31 Yes 5/03 0.53 0.53 21 No 12 None
APA APA Corporation Options Chain 1.45 1.55 1.50
Profitability Analysis 6.02%
0.04 0.36 0.49 -0.02 33.72 34.00 5/24 Yes 4/19 0.25 0.25 21 No 10 None
WMT Walmart Inc Options Chain 1.27 1.63 1.45
Profitability Analysis 4.19%
0.02 0.17 0.51 -0.03 60.14 61.00 5/24 Yes 5/09 0.21 0.21 23 10 None