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 Total Years Dividends Increasing Liquidity Rating Algorithm Score Safety Score Lists
LRCX Lam Research Corp Options Chain 79.25 80.50 79.88
Profitability Analysis 1,075.23%
0.10 0.45 0.55 -0.40 76.59 820.00 1/17 No 12/11 0.23 0.23 0 10 12 63 None
HUM Humana Inc Options Chain 16.40 17.20 16.80
Profitability Analysis 7.44%
0.06 0.45 0.53 -0.21 281.73 285.00 1/17 No 12/31 0.89 0.89 0 7 11 61 None
HUM Humana Inc Options Chain 14.10 18.50 16.30
Profitability Analysis 9.04%
0.06 0.45 0.50 -0.21 281.73 290.00 1/24 Yes 12/31 0.89 0.89 0 7 11 61 None
DE Deere & Company Options Chain 14.40 16.45 15.43
Profitability Analysis 5.19%
0.03 0.21 0.55 -0.15 444.00 450.00 1/24 No 12/31 1.47 1.62 0 3 12 73 None
TMO Thermo Fisher Scientific Inc Options Chain 14.70 15.30 15.00
Profitability Analysis 4.92%
0.03 0.22 0.52 -0.23 529.36 540.00 1/17 No 12/13 0.39 0.39 0 6 10 68 None
VST Vistra Corp Options Chain 12.60 13.10 12.85
Profitability Analysis 0.68%
0.09 0.55 0.55 -0.14 159.98 148.00 1/24 No 12/20 0.22 0.22 0 5 10 63 None
DE Deere & Company Options Chain 11.80 13.65 12.73
Profitability Analysis 5.71%
0.03 0.23 0.49 -0.14 444.00 455.00 1/24 No 12/31 1.47 1.62 0 3 12 73 None
TSM Taiwan Semiconductor Manufacturing Options Chain 12.45 12.70 12.58
Profitability Analysis 5.05%
0.06 0.41 0.54 -0.13 203.02 200.00 1/24 Yes 12/12 0.62 0.69 0 1 21 74
Dividend Stock List
VST Vistra Corp Options Chain 12.10 12.70 12.40
Profitability Analysis 1.03%
0.08 0.59 0.54 -0.14 159.98 149.00 1/24 No 12/20 0.22 0.22 0 5 10 63 None
HCA HCA Healthcare Inc Options Chain 11.30 12.00 11.65
Profitability Analysis 3.93%
0.04 0.25 0.55 -0.15 319.75 320.00 1/17 No 12/13 0.66 0.66 0 3 11 62 None
PWR Quanta Services Inc Options Chain 9.90 11.00 10.45
Profitability Analysis 2.43%
0.03 0.29 0.44 -0.17 332.47 330.00 1/17 No 1/02 0.09 0.10 0 0 12 59 None
TSM Taiwan Semiconductor Manufacturing Options Chain 10.05 10.40 10.23
Profitability Analysis 6.36%
0.05 0.41 0.47 -0.13 203.02 205.00 1/24 Yes 12/12 0.62 0.69 0 1 21 74
Dividend Stock List
HCA HCA Healthcare Inc Options Chain 8.70 9.60 9.15
Profitability Analysis 4.71%
0.03 0.25 0.47 -0.14 319.75 325.00 1/17 No 12/13 0.66 0.66 0 3 11 62 None
ALB Albemarle Corp Options Chain 8.55 9.05 8.80
Profitability Analysis 14.52%
0.08 0.47 0.55 -0.08 104.96 111.00 1/24 No 12/13 0.41 0.41 0 30 7 53 None
LOW Lowe`s Cos. Inc Options Chain 8.40 9.00 8.70
Profitability Analysis 4.18%
0.03 0.21 0.55 -0.10 273.43 275.00 1/24 No 1/22 1.15 1.15 0 38 12 63 None
APD Air Products & Chemicals Inc Options Chain 6.90 7.70 7.30
Profitability Analysis 2.80%
0.02 0.19 0.49 -0.13 320.11 320.00 1/17 No 1/02 1.77 1.77 0 39 14 76 None
ALB Albemarle Corp Options Chain 6.85 7.55 7.20
Profitability Analysis 15.86%
0.06 0.52 0.48 -0.08 104.96 114.00 1/24 No 12/13 0.41 0.41 0 30 7 53 None
DKS Dicks Sporting Goods Inc Options Chain 6.20 8.00 7.10
Profitability Analysis 5.12%
0.03 0.33 0.50 -0.13 217.09 220.00 1/24 No 12/13 1.10 1.10 0 9 15 72 None
LOW Lowe`s Cos. Inc Options Chain 5.90 6.60 6.25
Profitability Analysis 5.11%
0.02 0.20 0.45 -0.09 273.43 280.00 1/24 No 1/22 1.15 1.15 0 38 12 63 None
ECL Ecolab Inc Options Chain 5.90 6.40 6.15
Profitability Analysis 2.58%
0.02 0.15 0.55 -0.07 250.34 250.00 1/17 No 12/17 0.57 0.65 0 39 12 63 None
PHM PulteGroup Inc Options Chain 5.50 6.20 5.85
Profitability Analysis 5.72%
0.05 0.33 0.53 -0.07 126.82 128.00 1/24 No 12/17 0.20 0.22 0 6 13 70 None
RJF Raymond James Financial Inc Options Chain 5.30 5.90 5.60
Profitability Analysis 1.65%
0.03 0.24 0.51 -0.07 163.40 160.00 1/17 No 1/02 0.45 0.50 0 0 19 69 None
LDOS Leidos Holdings Inc Options Chain 5.40 5.70 5.55
Profitability Analysis 1.72%
0.03 0.26 0.52 -0.08 163.15 160.00 1/17 No 12/16 0.38 0.40 0 5 12 65 None
STLD Steel Dynamics Inc Options Chain 5.40 5.60 5.50
Profitability Analysis 6.62%
0.04 0.32 0.50 -0.08 136.90 140.00 1/17 No 12/31 0.46 0.46 0 11 10 65 None
DELL Dell Technologies Inc - Class C Options Chain 5.30 5.65 5.48
Profitability Analysis 4.48%
0.04 0.39 0.54 -0.07 123.40 123.00 1/24 No 1/22 0.45 0.45 0 2 16 62 None
PHM PulteGroup Inc Options Chain 4.90 5.80 5.35
Profitability Analysis 4.53%
0.04 0.33 0.55 -0.08 126.82 127.00 1/10 No 12/17 0.20 0.22 0 6 13 70 None
TXRH Texas Roadhouse Inc Options Chain 5.00 5.30 5.15
Profitability Analysis 2.14%
0.03 0.24 0.45 -0.08 196.56 195.00 1/17 No 12/10 0.61 0.61 0 3 15 54 None
CB Chubb Ltd Options Chain 4.80 5.20 5.00
Profitability Analysis 2.68%
0.02 0.18 0.46 -0.10 283.32 285.00 1/17 No 12/13 0.91 0.91 0 8 17 75 None
DG Dollar General Corp Options Chain 4.75 5.10 4.93
Profitability Analysis 4.82%
0.06 0.38 0.53 -0.05 81.59 80.00 1/24 No 1/07 0.59 0.59 0 0 12 64 None
HES Hess Corporation Options Chain 4.10 5.40 4.75
Profitability Analysis 6.16%
0.03 0.23 0.51 -0.06 141.53 145.00 1/17 No 12/16 0.50 0.50 0 2 8 72 None
TRV Travelers Companies Inc Options Chain 4.30 4.60 4.45
Profitability Analysis 1.67%
0.02 0.21 0.39 -0.09 261.15 260.00 1/17 Yes 12/10 1.05 1.05 0 18 19 73 None
NTAP Netapp Inc Options Chain 4.00 4.80 4.40
Profitability Analysis 2.14%
0.03 0.24 0.52 -0.05 131.11 129.00 1/24 No 1/03 0.52 0.52 0 0 14 68 None
HES Hess Corporation Options Chain 2.35 6.20 4.28
Profitability Analysis 6.54%
0.03 0.20 0.46 -0.04 141.53 146.00 1/24 No 12/16 0.50 0.50 0 2 8 72 None
EOG EOG Resources Inc Options Chain 4.00 4.30 4.15
Profitability Analysis 4.55%
0.03 0.23 0.54 -0.05 127.81 128.50 1/17 No 1/17 0.91 0.97 0 6 15 79
Dividend Stock List
EOG EOG Resources Inc Options Chain 3.70 4.50 4.10
Profitability Analysis 4.90%
0.03 0.25 0.52 -0.05 127.81 129.00 1/24 No 1/17 0.91 0.97 0 6 15 79
Dividend Stock List
A Agilent Technologies Inc Options Chain 4.00 4.20 4.10
Profitability Analysis 6.24%
0.03 0.24 0.49 -0.06 140.58 145.00 1/17 No 12/31 0.24 0.25 0 0 10 65 None
CAH Cardinal Health Inc Options Chain 2.75 5.30 4.03
Profitability Analysis 3.08%
0.03 0.22 0.55 -0.05 122.76 122.00 1/24 No 1/02 0.51 0.51 0 4 16 56 None
DG Dollar General Corp Options Chain 3.80 4.10 3.95
Profitability Analysis 6.07%
0.05 0.35 0.46 -0.05 81.59 82.00 1/24 No 1/07 0.59 0.59 0 0 12 64 None
BBY Best Buy Co. Inc Options Chain 3.75 4.05 3.90
Profitability Analysis 4.16%
0.04 0.24 0.53 -0.04 88.17 87.00 1/24 No 12/17 0.94 0.94 0 13 14 66 None
MRK Merck & Co Inc Options Chain 3.55 3.80 3.68
Profitability Analysis 5.24%
0.04 0.23 0.53 -0.03 103.09 104.00 1/24 No 12/16 0.77 0.81 0 13 12 72 None
GPN Global Payments Inc Options Chain 3.30 3.60 3.45
Profitability Analysis 4.98%
0.03 0.26 0.46 -0.05 117.83 120.00 1/17 No 12/13 0.25 0.25 0 0 11 65 None
DGX Quest Diagnostics Inc Options Chain 3.20 3.60 3.40
Profitability Analysis 4.32%
0.02 0.16 0.55 -0.07 157.35 160.00 1/17 No 1/14 0.75 0.75 0 12 10 68 None
ACM AECOM Options Chain 2.30 4.40 3.35
Profitability Analysis 4.27%
0.03 0.22 0.48 -0.05 113.75 115.00 1/17 No 1/02 0.22 0.26 0 2 14 56 None
ROST Ross Stores Inc Options Chain 3.20 3.40 3.30
Profitability Analysis 4.59%
0.02 0.19 0.46 -0.06 156.48 160.00 1/17 No 12/10 0.37 0.37 0 3 12 65 None
ITW Illinois Tool Works Inc Options Chain 3.00 3.50 3.25
Profitability Analysis 4.10%
0.01 0.15 0.39 -0.06 273.53 280.00 1/17 No 12/31 1.50 1.50 0 28 13 64 None
MRK Merck & Co Inc Options Chain 3.05 3.25 3.15
Profitability Analysis 5.69%
0.03 0.22 0.48 -0.03 103.09 105.00 1/24 No 12/16 0.77 0.81 0 13 12 72 None
RJF Raymond James Financial Inc Options Chain 2.90 3.40 3.15
Profitability Analysis 3.21%
0.02 0.23 0.35 -0.06 163.40 165.00 1/17 No 1/02 0.45 0.50 0 0 19 69 None
BBY Best Buy Co. Inc Options Chain 2.76 3.05 2.91
Profitability Analysis 5.31%
0.03 0.31 0.44 -0.04 88.17 89.00 1/24 No 12/17 0.94 0.94 0 13 14 66 None
TROW T. Rowe Price Group Inc Options Chain 2.60 2.75 2.68
Profitability Analysis 4.11%
0.02 0.20 0.43 -0.04 123.83 125.00 1/17 No 12/13 1.24 1.24 0 26 21 60
Dividend Stock List
ES Eversource Energy Options Chain 1.80 2.60 2.20
Profitability Analysis 5.24%
0.04 0.20 0.52 -0.02 59.78 60.00 1/17 No 12/18 0.71 0.71 0 3 7 61 None
TECK Teck Resources Ltd - Class B - Class B (Sub Voting) Options Chain 2.07 2.22 2.15
Profitability Analysis 11.82%
0.04 0.38 0.52 -0.03 44.96 48.00 1/24 No 12/13 0.12 0.12 0 2 11 74 None
WMT Walmart Inc Options Chain 2.10 2.13 2.12
Profitability Analysis 1.70%
0.02 0.19 0.49 -0.03 95.70 95.00 1/17 No 12/12 0.21 0.21 0 40 9 59 None
ICE Intercontinental Exchange Inc Options Chain 1.90 2.00 1.95
Profitability Analysis 4.15%
0.01 0.17 0.34 -0.04 155.93 160.00 1/17 No 12/13 0.45 0.45 0 11 9 68 None
ECL Ecolab Inc Options Chain 1.70 2.15 1.93
Profitability Analysis 4.89%
0.01 0.15 0.26 -0.06 250.34 260.00 1/17 No 12/17 0.57 0.65 0 39 12 63 None
PEG Public Service Enterprise Group Inc Options Chain 1.85 1.95 1.90
Profitability Analysis 2.78%
0.02 0.21 0.42 -0.03 90.00 90.00 1/17 No 12/10 0.60 0.60 0 12 12 71 None
RSG Republic Services Inc Options Chain 1.75 1.95 1.85
Profitability Analysis 2.65%
0.01 0.16 0.30 -0.06 216.68 220.00 1/17 No 1/02 0.58 0.58 0 21 10 66 None
AIG American International Group Inc Options Chain 1.50 2.15 1.83
Profitability Analysis 3.53%
0.02 0.24 0.49 -0.02 75.56 76.00 1/24 No 12/16 0.40 0.40 0 1 11 75 None
DVN Devon Energy Corp Options Chain 1.64 1.95 1.80
Profitability Analysis 5.80%
0.05 0.21 0.54 -0.02 34.99 35.00 1/24 Yes 12/13 0.44 0.22 0 0 10 73 None
OXY Occidental Petroleum Corp Options Chain 1.65 1.95 1.80
Profitability Analysis 7.32%
0.04 0.27 0.50 -0.02 47.54 49.00 1/24 No 12/10 0.22 0.22 0 2 9 68 None
MKC McCormick & Co. Inc (Non Voting) Options Chain 1.65 1.85 1.75
Profitability Analysis 6.06%
0.02 0.19 0.49 -0.02 77.50 80.00 1/17 No 12/30 0.42 0.45 0 40 10 58 None
APH Amphenol Corp - Class A Options Chain 1.70 1.80 1.75
Profitability Analysis 3.65%
0.02 0.23 0.47 -0.03 74.21 75.00 1/17 No 12/17 0.17 0.17 0 12 9 58 None
OMC Omnicom Group Inc Options Chain 1.35 1.95 1.65
Profitability Analysis -3.45%
0.02 0.16 0.42 -0.03 103.42 97.50 1/17 No 12/20 0.70 0.70 0 0 13 73 None
LUV Southwest Airlines Company Options Chain 1.55 1.71 1.63
Profitability Analysis 4.77%
0.05 0.30 0.54 -0.02 34.18 34.00 1/24 Yes 12/26 0.18 0.18 0 1 9 47 None
CP Canadian Pacific Kansas City Ltd Options Chain 1.55 1.70 1.63
Profitability Analysis 5.32%
0.02 0.20 0.45 -0.03 75.31 77.50 1/17 No 12/27 0.19 0.19 0 0 8 68 None
IFF International Flavors & Fragrances Inc Options Chain 1.55 1.70 1.63
Profitability Analysis 6.31%
0.02 0.22 0.40 -0.03 88.92 92.50 1/17 No 12/20 0.40 0.40 0 21 8 52 None
OVV Ovintiv Inc Options Chain 1.50 1.60 1.55
Profitability Analysis 6.43%
0.04 0.36 0.47 -0.02 41.20 42.00 1/17 No 12/13 0.30 0.30 0 3 13 72 None
TXT Textron Inc Options Chain 1.45 1.60 1.53
Profitability Analysis 4.71%
0.02 0.21 0.40 -0.03 82.66 85.00 1/17 No 12/13 0.02 0.02 0 0 12 63 None
EMN Eastman Chemical Company Options Chain 1.40 1.50 1.45
Profitability Analysis 6.14%
0.01 0.22 0.34 -0.03 101.07 105.00 1/17 No 12/16 0.81 0.83 0 14 14 73 None
GIS General Mills Inc Options Chain 1.20 1.45 1.33
Profitability Analysis 6.72%
0.02 0.22 0.42 -0.03 65.06 67.50 1/17 Yes 1/10 0.60 0.60 0 4 13 70 None
CMCSA Comcast Corp - Class A Options Chain 1.16 1.47 1.32
Profitability Analysis -1.21%
0.03 0.29 0.48 -0.02 43.15 41.00 1/24 Yes 1/08 0.31 0.31 0 4 13 62 None
QSR Restaurant Brands International Inc Options Chain 1.20 1.35 1.28
Profitability Analysis 7.78%
0.02 0.19 0.34 -0.02 68.99 72.50 1/17 No 12/20 0.58 0.58 0 9 11 70 None
STM ST Microelectronics Options Chain 1.20 1.25 1.23
Profitability Analysis 7.15%
0.05 0.36 0.52 -0.02 26.43 27.00 1/17 No 12/17 0.09 0.09 0 0 17 55 None
LUV Southwest Airlines Company Options Chain 1.08 1.22 1.15
Profitability Analysis 6.29%
0.03 0.30 0.43 -0.02 34.18 35.00 1/24 Yes 12/26 0.18 0.18 0 1 9 47 None
SYY Sysco Corp Options Chain 1.10 1.20 1.15
Profitability Analysis 4.25%
0.01 0.16 0.39 -0.02 80.73 82.50 1/17 No 1/03 0.51 0.51 0 8 14 63 None
HPQ HP Inc Options Chain 0.96 1.12 1.04
Profitability Analysis 5.88%
0.03 0.25 0.49 -0.01 36.20 37.00 1/24 No 12/11 0.28 0.29 0 7 12 58 None
CSCO Cisco Systems Inc Options Chain 0.96 1.02 0.99
Profitability Analysis 2.50%
0.02 0.17 0.47 -0.01 59.89 60.00 1/17 No 1/03 0.40 0.40 0 13 10 66 None
DVN Devon Energy Corp Options Chain 0.87 0.96 0.92
Profitability Analysis 6.14%
0.03 0.28 0.40 -0.02 34.99 36.00 1/10 No 12/13 0.44 0.22 0 0 10 73 None
TTE TotalEnergies SE Options Chain 0.70 0.85 0.78
Profitability Analysis 8.26%
0.01 0.22 0.33 -0.02 56.91 60.00 1/17 No 12/31 0.83 0.83 0 1 16 75 None
CM Canadian Imperial Bank Of Commerce Options Chain 0.70 0.80 0.75
Profitability Analysis 3.84%
0.01 0.17 0.36 -0.02 66.66 67.50 1/17 No 12/27 0.90 0.97 0 13 12 77 None
AEE Ameren Corp Options Chain 0.60 0.80 0.70
Profitability Analysis 4.99%
0.01 0.16 0.23 -0.02 91.79 95.00 1/17 No 12/11 0.67 0.67 0 10 9 69 None
BTI British American Tobacco Plc Options Chain 0.65 0.70 0.68
Profitability Analysis 4.29%
0.02 0.18 0.44 -0.01 37.80 38.00 1/17 No 12/20 0.76 0.74 0 1 6 63 None