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.
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 | Lists |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
DE | Deere & Company | Options Chain | 12.00 | 13.80 | 12.90 |
3.83%
|
0.03 | 0.22 | 0.53 | -0.15 | 394.27 | 395.00 | 11/01 | No | 9/30 | 1.47 | 1.47 | 0 | 3 | 13 | None | |
DKS | Dicks Sporting Goods Inc | Options Chain | 8.50 | 9.40 | 8.95 |
5.99%
|
0.04 | 0.34 | 0.48 | -0.11 | 212.33 | 215.00 | 11/01 | No | 9/20 | 1.10 | 1.10 | 0 | 9 | 16 | None | |
DHR | Danaher Corp | Options Chain | 8.50 | 9.10 | 8.80 |
4.72%
|
0.03 | 0.25 | 0.48 | -0.12 | 276.03 | 280.00 | 11/01 | Yes | 9/27 | 0.27 | 0.27 | 0 | 6 | 7 | None | |
GE | General Electric Company | Options Chain | 7.20 | 7.50 | 7.35 |
6.19%
|
0.04 | 0.33 | 0.47 | -0.09 | 181.40 | 185.00 | 11/01 | Yes | 9/26 | 0.28 | 0.28 | 0 | 0 | 10 | None | |
PWR | Quanta Services Inc | Options Chain | 7.10 | 7.50 | 7.30 |
5.84%
|
0.03 | 0.33 | 0.41 | -0.17 | 271.54 | 280.00 | 10/18 | No | 10/01 | 0.09 | 0.09 | 0 | 0 | 11 | None | |
PGR | Progressive Corp | Options Chain | 7.00 | 7.50 | 7.25 |
3.99%
|
0.03 | 0.27 | 0.47 | -0.14 | 257.08 | 260.00 | 10/18 | No | 10/03 | 0.10 | 0.10 | 0 | 0 | 13 | None | |
WSM | Williams-Sonoma Inc | Options Chain | 7.00 | 7.40 | 7.20 |
5.34%
|
0.05 | 0.41 | 0.53 | -0.12 | 145.02 | 145.00 | 10/18 | No | 10/18 | 0.57 | 0.57 | 0 | 18 | 14 | None | |
LOW | Lowe`s Cos. Inc | Options Chain | 6.55 | 7.30 | 6.93 |
4.34%
|
0.03 | 0.22 | 0.46 | -0.09 | 256.94 | 260.00 | 11/01 | No | 10/23 | 1.15 | 1.15 | 0 | 38 | 11 | None | |
APD | Air Products & Chemicals Inc | Options Chain | 6.50 | 6.90 | 6.70 |
3.32%
|
0.02 | 0.22 | 0.48 | -0.11 | 288.87 | 290.00 | 10/18 | No | 10/01 | 1.77 | 1.77 | 0 | 39 | 12 | None | |
VST | Vistra Corp | Options Chain | 6.20 | 7.10 | 6.65 |
7.28%
|
0.07 | 0.49 | 0.55 | -0.07 | 89.36 | 89.00 | 11/01 | No | 9/20 | 0.22 | 0.22 | 0 | 5 | 9 | None | |
VST | Vistra Corp | Options Chain | 6.20 | 7.10 | 6.65 |
7.28%
|
0.07 | 0.49 | 0.55 | -0.07 | 89.36 | 89.00 | 11/01 | No | 9/20 | 0.22 | 0.22 | 0 | 5 | 9 | None | |
ORCL | Oracle Corp | Options Chain | 6.30 | 6.95 | 6.63 |
3.66%
|
0.04 | 0.24 | 0.55 | -0.07 | 170.78 | 170.00 | 11/01 | No | 10/10 | 0.40 | 0.40 | 0 | 10 | 11 | None | |
NUE | Nucor Corp | Options Chain | 5.70 | 6.00 | 5.85 |
5.87%
|
0.04 | 0.36 | 0.48 | -0.08 | 142.99 | 145.00 | 10/25 | Yes | 9/27 | 0.54 | 0.54 | 0 | 14 | 15 | None | |
STLD | Steel Dynamics Inc | Options Chain | 5.20 | 5.60 | 5.40 |
4.36%
|
0.05 | 0.37 | 0.55 | -0.08 | 111.02 | 110.00 | 10/18 | Yes | 9/30 | 0.46 | 0.46 | 0 | 11 | 12 | None | |
ORCL | Oracle Corp | Options Chain | 4.85 | 5.15 | 5.00 |
4.17%
|
0.03 | 0.27 | 0.48 | -0.08 | 170.78 | 172.50 | 10/25 | No | 10/10 | 0.40 | 0.40 | 0 | 10 | 11 | None | |
WSM | Williams-Sonoma Inc | Options Chain | 4.80 | 5.20 | 5.00 |
7.27%
|
0.03 | 0.40 | 0.42 | -0.11 | 145.02 | 150.00 | 10/18 | No | 10/18 | 0.57 | 0.57 | 0 | 18 | 14 | None | |
EOG | EOG Resources Inc | Options Chain | 3.70 | 6.00 | 4.85 |
4.98%
|
0.04 | 0.24 | 0.50 | -0.05 | 121.70 | 122.00 | 11/01 | Yes | 10/17 | 0.91 | 0.91 | 0 | 6 | 17 |
Dividend Stock List |
|
SYK | Stryker Corp | Options Chain | 4.20 | 5.00 | 4.60 |
3.61%
|
0.01 | 0.17 | 0.35 | -0.11 | 371.96 | 380.00 | 10/18 | No | 9/30 | 0.80 | 0.80 | 0 | 14 | 12 | None | |
EOG | EOG Resources Inc | Options Chain | 4.30 | 4.80 | 4.55 |
3.91%
|
0.04 | 0.25 | 0.54 | -0.05 | 121.70 | 121.00 | 11/01 | Yes | 10/17 | 0.91 | 0.91 | 0 | 6 | 17 |
Dividend Stock List |
|
MRVL | Marvell Technology Inc | Options Chain | 4.35 | 4.60 | 4.48 |
5.45%
|
0.06 | 0.44 | 0.53 | -0.05 | 74.48 | 74.00 | 11/01 | No | 10/11 | 0.06 | 0.06 | 0 | 0 | 5 | None | |
DG | Dollar General Corp | Options Chain | 4.20 | 4.70 | 4.45 |
4.94%
|
0.05 | 0.35 | 0.55 | -0.04 | 85.80 | 85.00 | 11/01 | No | 10/08 | 0.59 | 0.59 | 0 | 0 | 12 | None | |
NTAP | Netapp Inc | Options Chain | 3.90 | 4.10 | 4.00 |
3.51%
|
0.03 | 0.24 | 0.52 | -0.05 | 118.37 | 118.00 | 11/01 | No | 10/04 | 0.52 | 0.52 | 0 | 0 | 17 | None | |
DG | Dollar General Corp | Options Chain | 3.45 | 4.50 | 3.98 |
5.56%
|
0.05 | 0.38 | 0.51 | -0.05 | 85.80 | 86.00 | 10/25 | No | 10/08 | 0.59 | 0.59 | 0 | 0 | 12 | None | |
BBY | Best Buy Co. Inc | Options Chain | 3.70 | 4.00 | 3.85 |
4.05%
|
0.04 | 0.26 | 0.54 | -0.04 | 98.79 | 98.00 | 11/01 | No | 9/19 | 0.94 | 0.94 | 0 | 13 | 15 | None | |
CL | Colgate-Palmolive Company | Options Chain | 3.00 | 4.00 | 3.50 |
3.25%
|
0.03 | 0.22 | 0.55 | -0.03 | 105.57 | 105.00 | 11/01 | Yes | 10/18 | 0.50 | 0.50 | 0 | 38 | 13 | None | |
BBY | Best Buy Co. Inc | Options Chain | 3.20 | 3.70 | 3.45 |
4.66%
|
0.03 | 0.26 | 0.50 | -0.04 | 98.79 | 99.00 | 11/01 | No | 9/19 | 0.94 | 0.94 | 0 | 13 | 15 | None | |
ITW | Illinois Tool Works Inc | Options Chain | 3.30 | 3.50 | 3.40 |
3.70%
|
0.01 | 0.19 | 0.36 | -0.08 | 255.44 | 260.00 | 10/18 | No | 9/30 | 1.40 | 1.50 | 0 | 28 | 11 | None | |
STT | State Street Corp | Options Chain | 3.00 | 3.30 | 3.15 |
3.81%
|
0.04 | 0.30 | 0.53 | -0.04 | 85.65 | 85.00 | 10/18 | Yes | 10/01 | 0.69 | 0.76 | 0 | 13 | 14 | None | |
STLD | Steel Dynamics Inc | Options Chain | 3.00 | 3.30 | 3.15 |
6.84%
|
0.03 | 0.36 | 0.39 | -0.07 | 111.02 | 115.00 | 10/18 | Yes | 9/30 | 0.46 | 0.46 | 0 | 11 | 12 | None | |
CL | Colgate-Palmolive Company | Options Chain | 2.30 | 2.55 | 2.43 |
3.18%
|
0.02 | 0.19 | 0.49 | -0.04 | 105.57 | 106.00 | 10/25 | Yes | 10/18 | 0.50 | 0.50 | 0 | 38 | 13 | None | |
IFF | International Flavors & Fragrances Inc | Options Chain | 2.25 | 2.40 | 2.33 |
3.95%
|
0.02 | 0.23 | 0.45 | -0.05 | 103.64 | 105.00 | 10/18 | No | 9/20 | 0.40 | 0.40 | 0 | 21 | 8 | None | |
JCI | Johnson Controls International plc | Options Chain | 2.05 | 2.25 | 2.15 |
3.26%
|
0.03 | 0.25 | 0.51 | -0.03 | 72.65 | 72.50 | 10/18 | No | 9/25 | 0.37 | 0.37 | 0 | 3 | 10 | None | |
CP | Canadian Pacific Kansas City Ltd | Options Chain | 2.05 | 2.20 | 2.13 |
4.44%
|
0.02 | 0.20 | 0.52 | -0.04 | 86.00 | 87.50 | 10/18 | No | 9/27 | 0.19 | 0.19 | 0 | 0 | 7 | None | |
STT | State Street Corp | Options Chain | 1.90 | 2.05 | 1.98 |
5.36%
|
0.02 | 0.29 | 0.39 | -0.04 | 85.65 | 87.50 | 10/18 | Yes | 10/01 | 0.69 | 0.76 | 0 | 13 | 14 | None | |
MDLZ | Mondelez International Inc - Class A | Options Chain | 1.80 | 2.10 | 1.95 |
2.62%
|
0.03 | 0.18 | 0.55 | -0.02 | 75.44 | 75.00 | 10/25 | No | 9/30 | 0.42 | 0.47 | 0 | 10 | 11 | None | |
BMY | Bristol-Myers Squibb Company | Options Chain | 1.61 | 2.05 | 1.83 |
6.69%
|
0.04 | 0.34 | 0.44 | -0.02 | 50.08 | 51.00 | 11/01 | Yes | 10/04 | 0.60 | 0.60 | 0 | 2 | 9 | None | |
QSR | Restaurant Brands International Inc | Options Chain | 1.70 | 1.90 | 1.80 |
2.86%
|
0.03 | 0.24 | 0.49 | -0.03 | 70.37 | 70.00 | 10/18 | No | 9/20 | 0.58 | 0.58 | 0 | 9 | 12 | None | |
CMCSA | Comcast Corp - Class A | Options Chain | 1.69 | 1.84 | 1.77 |
4.13%
|
0.05 | 0.31 | 0.54 | -0.02 | 39.45 | 39.00 | 11/01 | Yes | 10/02 | 0.31 | 0.31 | 0 | 4 | 13 | None | |
RY | Royal Bank Of Canada | Options Chain | 1.60 | 1.90 | 1.75 |
3.06%
|
0.01 | 0.16 | 0.44 | -0.05 | 124.36 | 125.00 | 10/18 | No | 10/24 | 1.42 | 1.42 | 0 | 13 | 11 | None | |
ZBH | Zimmer Biomet Holdings Inc | Options Chain | 1.65 | 1.80 | 1.73 |
4.23%
|
0.02 | 0.21 | 0.38 | -0.04 | 107.43 | 110.00 | 10/18 | No | 9/30 | 0.24 | 0.24 | 0 | 0 | 13 | None | |
FITB | Fifth Third Bancorp | Options Chain | 1.55 | 1.65 | 1.60 |
3.90%
|
0.04 | 0.30 | 0.54 | -0.02 | 42.32 | 42.00 | 10/18 | Yes | 9/30 | 0.35 | 0.37 | 0 | 13 | 11 | None | |
USB | U.S. Bancorp. | Options Chain | 1.36 | 1.58 | 1.47 |
5.27%
|
0.03 | 0.25 | 0.50 | -0.02 | 44.62 | 45.00 | 11/01 | Yes | 9/30 | 0.49 | 0.50 | 0 | 13 | 15 | None | |
SYY | Sysco Corp | Options Chain | 1.30 | 1.45 | 1.38 |
1.91%
|
0.02 | 0.17 | 0.46 | -0.02 | 77.90 | 77.50 | 10/18 | No | 10/04 | 0.51 | 0.51 | 0 | 8 | 14 | None | |
MDLZ | Mondelez International Inc - Class A | Options Chain | 1.25 | 1.45 | 1.35 |
3.15%
|
0.02 | 0.16 | 0.46 | -0.02 | 75.44 | 76.00 | 10/25 | No | 9/30 | 0.42 | 0.47 | 0 | 10 | 11 | None | |
CSCO | Cisco Systems Inc | Options Chain | 1.21 | 1.35 | 1.28 |
3.23%
|
0.03 | 0.17 | 0.52 | -0.01 | 51.03 | 51.00 | 11/01 | No | 10/02 | 0.40 | 0.40 | 0 | 13 | 10 | None | |
OMC | Omnicom Group Inc | Options Chain | 1.20 | 1.35 | 1.28 |
5.83%
|
0.01 | 0.24 | 0.29 | -0.04 | 101.09 | 105.00 | 10/18 | Yes | 9/20 | 0.70 | 0.70 | 0 | 0 | 11 | None | |
CMCSA | Comcast Corp - Class A | Options Chain | 1.07 | 1.32 | 1.20 |
5.22%
|
0.03 | 0.30 | 0.46 | -0.02 | 39.45 | 40.00 | 11/01 | Yes | 10/02 | 0.31 | 0.31 | 0 | 4 | 13 | None | |
JCI | Johnson Controls International plc | Options Chain | 1.05 | 1.20 | 1.13 |
5.30%
|
0.02 | 0.25 | 0.32 | -0.03 | 72.65 | 75.00 | 10/18 | No | 9/25 | 0.37 | 0.37 | 0 | 3 | 10 | None | |
FITB | Fifth Third Bancorp | Options Chain | 1.05 | 1.15 | 1.10 |
5.08%
|
0.03 | 0.29 | 0.43 | -0.02 | 42.32 | 43.00 | 10/18 | Yes | 9/30 | 0.35 | 0.37 | 0 | 13 | 11 | None | |
SRE | Sempra | Options Chain | 1.00 | 1.10 | 1.05 |
3.24%
|
0.01 | 0.18 | 0.37 | -0.02 | 83.95 | 85.00 | 10/18 | No | 9/26 | 0.62 | 0.62 | 0 | 13 | 11 | None | |
NLY | Annaly Capital Management Inc | Options Chain | 0.35 | 1.71 | 1.03 |
8.46%
|
0.05 | 0.67 | 0.55 | 0.00 | 20.45 | 20.50 | 11/01 | Yes | 9/30 | 0.65 | 0.65 | 0 | 0 | 8 | None | |
WRB | W.R. Berkley Corp | Options Chain | 0.90 | 1.15 | 1.03 |
4.28%
|
0.02 | 0.22 | 0.40 | -0.03 | 58.60 | 60.00 | 10/18 | No | 9/23 | 0.25 | 0.08 | 0 | 22 | 16 | None | |
CSCO | Cisco Systems Inc | Options Chain | 0.68 | 0.88 | 0.78 |
4.21%
|
0.02 | 0.17 | 0.38 | -0.01 | 51.03 | 52.00 | 11/01 | No | 10/02 | 0.40 | 0.40 | 0 | 13 | 10 | None | |
ES | Eversource Energy | Options Chain | 0.55 | 0.90 | 0.73 |
4.45%
|
0.01 | 0.19 | 0.31 | -0.02 | 68.40 | 70.00 | 10/18 | No | 9/23 | 0.71 | 0.71 | 0 | 3 | 7 | None | |
HPE | Hewlett Packard Enterprise Company | Options Chain | 0.55 | 0.65 | 0.60 |
5.68%
|
0.03 | 0.31 | 0.46 | -0.01 | 17.25 | 17.50 | 11/01 | No | 9/19 | 0.13 | 0.13 | 0 | 1 | 15 | None |